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Updated about 4 years ago on .

User Stats

800
Posts
229
Votes
Steve S.
  • Lender
  • Los Angeles, CA
229
Votes |
800
Posts

15% ROI in < 6 months secured in 1st lien position

Steve S.
  • Lender
  • Los Angeles, CA
Posted

We are acquiring an incredible 32,000SF historic building in Kentucky which is on 3 acres of land. The assessed value is $400,000 per the city records. We are looking for an investor/lender to provide a $250,000 1st trust deed position loan which we're willing to pay up to 15% on this loan. The money will be used for acquisition, beginning of rehabilitation, upkeep, securing the property, and completing the plans and permitting process. This is a no brainer... contact me and let's put your money to work with a fantastic ROI.

Exit Strategy is construction financing loan once permits are approved. All of this should be wrapped up in less than 6 months. Great short term ROI. Let's talk.

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