Seeking 10% Private Loan - Funding November 15th

[Cameron Tope]

Emerson House Buyers is seeking a private lender to fund a purchase in Katy, TX.

Property: 22931 Palm Trail Dr, Katy, TX 77494

After Repair Value: $260,000

Purchase Price: $176,000

Seeking Loan Amount: $176,000

Loan-to-Value (LTV): 68%

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

Payments: No monthly payments, full loan and interest balance paid at sale or refinance

Expected Hold Time: 3-6 months

Comparable Sales: Report, CMA

Serious lenders only! We are looking to build a relationship with the lender for our future projects in the Katy area.