PM Bridge Loan Success Story

[Chris Licavoli]

Just a quick note of thanks to our private lending on this deal near Savannah GA.  This gentleman invested in a bridge loan of $55K.  We used this money to help purchase, renovate, and lease out -the property.  He was protected by all the usual deed and mortgage paperwork as the primary loan holder and we invested our own cash for the remainder of the $93K total investment. We are pivoting- into a Fannie Mae mortgage now  and paid off the bridge loan. We paid out a total interest of nearly $2,000 on the bridge loan over 128 days of use.  In today's world of zero or negative interest rates, that is a home run.  If you are interested in participating in this passive asset backed type of lending just message me!

Best Regards