15% Return on Property

[Alexander Ryan-Bailey]

I specialize in Lease Options. I'm looking for bigger profits by actually purchasing the property vs getting it under contract. 

Any ideas and tips on how to go about finding private money lenders to help with a down pmt on a property? Such as a $30k Down Pmt.

WHAT IF this property provides a lender:

15%-20% Return (5 yrs) + 50/50 on back-end profits which would be roughly $80,000.

Help with DP. I have the tenants and manage the property, I'd split back-end profits with lender.

Thanks so much,

ARB

[Joe Villeneuve]

Originally posted by @Alexander Ryan-Bailey:

Originally posted by @Joe Villeneuve:

Originally posted by @Alexander Ryan-Bailey:

Originally posted by @Joe Villeneuve:

Why can't your LO's supply the DP money?  If all you need is $30k, I would think you could get that doing no more than 10 Sandwich LO, which should take no more than 6-8 months to get.

Not enough info to really answer your main questions.  Percentages tell me nothing since they are all relative to the actual dollars moving through the deals.

I could put that $30k down today, but I'd prefer private money vs my own funds.

If you're getting your 30 back almost immediately, which you would be doing SLO, why would you rather pay for it using a loan (someone else's money).

Your cash is there to "use" (this is using), and your profit is made to "send".

Could you explain on how I could get the $30 back right away? Would love to do that! Right now I get $5k to $10k up front. Then $20k-$40k on the backend after a few years. 

 As soon as you put a tenant buyer in, which should be almost as fast as you take over the property, you should get all the money back you put in plus profits because you should be renting it for more than you are paying rent, and the Option Consideration should be higher than what you are paying.  There isn't anything else that should come out of your pocket, so if you put $30k into SLO's, you should be getting it all back and more once the unit is filled.  If you don't, you're doing something wrong.