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Updated over 2 years ago on .

User Stats

58
Posts
12
Votes
Richard Huizar
  • Lender
  • Sacramento, CA
12
Votes |
58
Posts

Cash Out Refi Green Bay Wi

Richard Huizar
  • Lender
  • Sacramento, CA
Posted

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