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Updated almost 7 years ago on . Most recent reply

User Stats

77
Posts
18
Votes
Wayne Mack
  • Investor
  • Paterson, NJ
18
Votes |
77
Posts

$200,000 For Debt/Equity - 8-20% Returns

Wayne Mack
  • Investor
  • Paterson, NJ
Posted

Hi Everyone,

A Client of mine owns a 4 unit property here in North Jersey. The building is in downtown Newark and houses a business in which the owners of the building own as well.

The partners are seeking $200,000 for a total renovation project for the entire building. 

The team has also just secured an advertising contract with a major business for building signage grossing $20,000-$40,000 monthly.

We are still negotiating whether this will be a debt or an equity position. Either way, returns should be between 8-20% depending on negotiations

Offering

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