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Updated about 9 years ago,

User Stats

115
Posts
11
Votes
Sherri D.
Pro Member
  • Michigan
11
Votes |
115
Posts

Opportunity for a private money/hard money investor!

Sherri D.
Pro Member
  • Michigan
Posted

Hello, I have a signed Buy/Sell agreement with a close date of 1/8/16 for a 6-unit apartment complex in Southwest Michigan. The area cap rate is 10% and I am buying this property at 18.8%. I plan to rehab and increase the rent 37% to current market rates which should subsequently increase the value by 57%. I have 2 investors committed to the project, and am seeking a third to invest $30,500 for one year 12% APR with no prepayment penalty. I have a detailed business plan complete with profit & loss and cash flow statements available upon request. Please respond ASAP interested! Thank you! Sherri Duncanson

  • Sherri D.
  • Looking for