Joint Venture Opportunity

[Elbert Grim]

Investment Info:

Single-family residence hard money loan investment in Shawboro.

Purchase price: $175,000
Cash invested: $750,000
Sale price: $1,450,000

This is a current transaction that I'm working on. Looking for a particular JV partner for this project. Great credit scores are a must. I've purchased the property, ALL CASH, and have secured funding for the build. Fix and Flip experience and New Construction experience is a PLUS. If interested please reach out directly. This is a fast moving project!

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

I thoroughly researched similar projects and recent transactions in the area, and found a great opportunity.

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

Negotiating in all cash allows the ability to negotiate down the purchase price.

How did you finance this deal?

I financed this deal through 3 means.

1. My own Cash
2. Private Funding (www.ladscapital.com)
3. Hard Money Loan

How did you add value to the deal?

Background and Expertise.

What was the outcome?

Project is currently in progress. Seeking a JV Partner. Details of Partnership will be shared with serious inquiries only.

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

Worked with Credit Consultant to increase score for better rate and loan terms. (www.choicecredit.net) and got results in less than 90 days.

Worked with Private Funding to add to reserves and working captial as a "just in case" scenario to ensure I never ran out of funds (www.ladscapital.com)