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Updated about 15 years ago on . Most recent reply

User Stats

373
Posts
173
Votes
Allen Maris
  • Investor
  • Santa Ynez, CA
173
Votes |
373
Posts

Partner Wanted

Allen Maris
  • Investor
  • Santa Ynez, CA
Posted

Hi Everyone,
Just wrapping a single family renovation. Houses in my area have multiple offers if priced right. My partner and I are probably going to net about a 52% return on our investments for 3 1/2 months holding. Unfortunately the returns aren't all that high, but I only do it if I can get 10%+.

I'm looking for a 50% equity partners. My current one can't afford more than one at a time and I'm not a fan of working with friends and family, so I have to turn to others.

Most properties I'm interested in are under 100k and need about 5-20k in renovations. I do all the work, fund the repairs, oversee it, just need someone with some cash to be a silent partner if you like the opportunity.

Anyone interested?

  • Allen Maris
  • Most Popular Reply

    User Stats

    68
    Posts
    19
    Votes
    Kenneth Johnson
    • Real Estate Investor
    • Fremont, CA
    19
    Votes |
    68
    Posts
    Kenneth Johnson
    • Real Estate Investor
    • Fremont, CA
    Replied

    I don't know if I can do this, but since I am not part of this in any way I would think it ok if I give you my sources.

    Landmarc Capital & Investment Company
    4110 N Scottsdale Road, Ste 330
    Scottsdale, AZ 85251
    Email: [email protected]
    Phone : 480-970-8500
    Toll-free : 1-888-785-7958
    Fax : 480-970-4592

    Only Arizona loans

    Trimark Funding, Inc.
    5101 E. La Palma Ave., Ste. 206,
    Anaheim, CA 92807
    Phone: 877-695-4900
    Fax: 714-701-1036
    Mark Reynolds, President
    Phone: 877-695-4900
    Fax: 714-701-1036
    Mark’s email - [email protected]
    Stephanie - Phone: 877-695-4900 X120

    California Loans

    Madison Realty Capital
    825 Third Ave, 37th Floor
    New York, NY 10022
    Phone: 1(888)-261-6234
    Fax: 1(646)-219-5643
    Email: info@madisonrealtycapital

    Only Commercial Loans

    AVENTINE FUNDING
    Phone 415-839-8444
    Ken Baxter – 415-839-7514
    [email protected]
    www.aventinefunding.com
    We are a direct lender with an in-house, private money fund and also work with a number of specialized lenders who understand the risks of lending on commercial real estate and to business owners. We have a wide array of programs that we are currently working with who can offer 30 year amortization, no pre-pay penalites, and up to 75% LTV.
    Commercial and NOO lending in California with MINIMUM loan amounts $420k to $1M

    I also have a list of 52 Hard Money Lenders.

    Ken

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