Private Money Loan in Central Valley, CA

[Stephen Hale]

Investment Info:

Office Space private money loan investment.

Purchase price: $350,000
Cash invested: $272,000

Private Money Loan to owner/user for downtown professional office space in Bakersfield, CA. Loan has a return of 9% over 5 years.

What made you interested in investing in this type of deal?

With the market seemingly at the top of the cycle, lending with a quality rate of return for short periods of time is my best play.

How did you find this deal and how did you negotiate it?

The deal ran through Karpe Real Estate center and I negotiated it myself.

How did you finance this deal?

Private lenders

How did you add value to the deal?

I was the broker for the deal and brought the two parties together

What was the outcome?

The borrower is current and paying on time

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Karpe Real Estate Center as Private Money Brokers