JV Opportunity in Miami Beach

[Nate Marshall]

We are looking for a JV partner with $215,000.00 cash. This is a property with an ARV of $3.4-5 Million. We have 100% of the rehab funds covered and all but $215,000.00 of the purchase. In addition my partner has a high profile realtor lined up ready to move this property quick. We also have the contractor ready to rehab this and get it on the market.

$2,150,000.00 purchase $285,000.00 rehab of which all but $215,000.00 is covered. We will have $35,000.00 for reserves for interest payments on the first. 

We are looking for a 90 day float on the money and will pay $107,500.00 in addition to the principal upon the resale. You will have a 2nd on the note. Should it take more than 90 days than we will have a contingency for that if so be it.