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Updated over 2 years ago,
Cash Out Refi Green Bay Wi
Investment Info:
Other buy & hold investment.
Purchase price: $385,000
Cash invested: $270,000
Borrower paid cash for property and needed some minor rehab funds and start up funds to open day care in prime location. Excellent borrower and nice property
What made you interested in investing in this type of deal?
Borrower strong skin in the deal and excellent value
How did you find this deal and how did you negotiate it?
Broker sent me this deal
How did you finance this deal?
We closed using private money funds
How did you add value to the deal?
Borrower's company with strong financials guaranteed this loan.
What was the outcome?
Closed 9.2.22
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Todd Hagerty over at Investment One LLC