Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

800
Posts
228
Votes
Steve S.
  • Lender
  • Los Angeles, CA
228
Votes |
800
Posts

Los Angeles FIXER | 50%+ ROI in less than 6 mos. | Studio City

Steve S.
  • Lender
  • Los Angeles, CA
Posted

50%+ Annualized ROI for a simple investment

We only need $50,000 more as we have raised $250,000 and talking to more investors everyday. Get in now before it's too late. This is your last chance!! We’re looking for an investor to provide the remaining $50,000 of GAP financing for this great flip opportunity in Studio City, CA. The group is buying the property for $1,250,000, which is below market value. We project the actual retail value of the home in its AS-IS condition to be around $1,360,000. The team is walking into about $100,000 of equity just as it stands right now. This is a highly desired neighborhood in Los Angeles and this property is a steal.

The group will be doing a simple, high-end $150,000 cosmetic rehab that will yield a projected resale value of over $1,800,000 very quickly, maybe even $2,000,000. Similar homes in the area are selling for over $900 a square foot. At a conservative $725 psf that will put the price north of $2,000,000.

Call me at 310-948-8585 or email me at [email protected]

Below we break down the profitability analysis of this based on the very conservative $1,800,000 price or only ($642 a square foot).

RETURN ON INVESTMENT:

The investors (YOU) will be receiving 40% of the profit from the sale of the project. This would equate to approximately $80,000 paid to investors in the projected 4 months time frame. That would be over a 26.67% return in 4 months time or if the project was annualized over 12 months it would yield 80% based on these estimates. The loan will be structured for 12 months, but we project it to be paid off in the next 4-6 months.

Even if the property sells for the low end, let's say $1,800,000, you still walk away with a return that will far exceed other traditional investments. It is a very practical and very lucrative endeavor. If it sells for $2,000,000 the profit would be $390,000. 40% of that is $156,000 which would yield a 52% ROI in 4 months or 156% annualized. The sky is the limit on this one!!

Your investment will be securitized by a Joint Venture agreement, and shares of the holding entity LLC (that will own the property) and Promissory NOTE, so you are well protected.

LA Market is scorching Hot!!!

Read these articles and you'll know your investment is solid!!

https://la.curbed.com/2017/7/31/16070220/la-home-s...

http://private-money-loan.com/los-angeles-home-prices/

http://private-money-loan.com/u-s-home-sales-highest-past-decade/

http://www.private-money-loan.com

These opportunities are usually located in los angeles, orange county, southern California, palm springs, huntington beach, CA. This is not traditional financing or hard money or private money. Many lenders who provide hard money financing or private money financing are not gap investors, so we are looking for true private individuals who are looking for solid ROI (return on investment) investments by being part of new property acquisitions on properties that are for sale. These opportunities are primarily for single family residences that are fixer uppers, fix and flips, need TLC and are hangman specials. So please call us if you are interested in gap, or jv, or being involved in a joint venture capacity on this amazing house flip opportunity in the amazing neighborhood of Studio City in Los Angeles California.

Offering

Loading replies...