Earn 10% Interest--Seeking Private Lender for Home Build in PHX

[Scott Scharl]

Blue Sky Homes is seeking a private lender to help us fund a new home construction project in the Arcadia Lite neighborhood.

Property: 4144 N. 43rd St. Phoenix, AZ 85018

New Build Value: $799,000

Purchase Price: $340,000

Seeking Secured Debt: $50,000 - $272,000

Loan-to-Value (LTV): 15% - 80%

Interest Rate: 10% (annualized, no points or fees)

Loan Term: 12 months, interest-only

Expected Hold Time: 6-7 months

Comparable Sales: Available Upon Request

How We Will Add Value:

Demo/New Build. The existing home on this property has already been demolished, and plans are already approved to build the new 4 bedroom, 3 bath home rendered above. Blue Sky Homes is currently working on a second project just up the street at 4212 N. 43rd St.

About Us

Blue Sky Homes is a full-service real estate investment firm owned and operated by Nick and Adralyn Blue. We provide stylish, move-in-ready homes to buyers, and real-estate investment programs for both passive and active investors. Since 2009, we have borrowed in excess of $75 million and repaid our lenders with a 100% success rate (over $4.5 million in interest). Current lender references are available upon your request.

Contact Scott Scharl for More Information

602-558-4553

[email protected]

or schedule a call with Scott at calendly.com/scottphx/30mincall