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Updated about 7 years ago,

User Stats

5
Posts
0
Votes
Damien Melle
  • Real Estate Broker
  • Ontario, CA
0
Votes |
5
Posts

Becoming a Private Money Lender

Damien Melle
  • Real Estate Broker
  • Ontario, CA
Posted

We believe the Inland Empire real estate market is heating up! If you have capital that is not working hard

enough and you want to be a part of the real estate market without the hassle…

Become a PRIVATE MONEY LENDER...

THE BUSINESS PLAN IS SIMPLE:

STEP 1: Modern identifies residential properties that are undervalued, need rehab and can be resold at a

profit after repairs.

STEP 2: Properties are acquired with private money to close fast at the lowest price

STEP 3: Modern rehabs property and places back on the market within 60-90 days

STEP 4: Property is sold – Lender is paid off (Principal + Interest) FIRST – Modern looks for another property!

BENEFITS OF BEING A PRIVATE MONEY LENDER:

  • SECURED - Lender is secured by Real Estate with a 1st Trust Deed, Promissory Note and Title insurance
  • NO LONG-TERM COMMITMENT – Each project is 12 months maximum – 6 mos. on average
  • FIXED RATE RETURNS – No surprises
  • NO FEES to investor for placing money or project management to Modern – WE DON’T MAKE MONEY
  • UNTIL THE HOME SELLS & lender is paid in full with interest!
  • FLEXIBILITY – You choose what projects to fund and when to re-lend or hold based on your needs
  • TRANSPARENCY – Receive a complete profile of property and monthly updates, talk to us anytime!
  • NO LIABILITY – You are not the property owner and just like your lender, have no liability for the home
  • itself

    ARE YOU QUALIFIED? You must be an “accredited investor” in order to participate in Private

    Money Lending and at least one of the following statements must apply:

    ___ I make $200,000 + annually for the last 2 years and expect to make that this year….OR

    ___ My spouse and I make $300,000+ for the last 2 years and expect to make that this year….OR

    ___ I currently have an individual net worth or joint net worth with my spouse of $1,000,000 + excluding

    my primary residence

    To learn more about private money lending contact:

    Damien Melle, CEO & Broker

    909.947.9931 Ext 820 

    [email protected]

    *This posting is for discussion purposes only and is not an offer or solicitation. Modern Real Estate Shop is

    not an attorney, CPA, or financial advisor and is not authorized to provide legal, financial or tax advice. Please

    consult with the appropriate licensed specialist to determine what is the right investment for your capital.

    Looking for