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Updated over 4 years ago,

User Stats

24
Posts
26
Votes
Christopher Sineno
  • Real Estate Consultant
  • Ohio
26
Votes |
24
Posts

N Maple St: short-term note - 1st deal with new partnership.

Christopher Sineno
  • Real Estate Consultant
  • Ohio
Posted

Investment Info:

Single-family residence note investment investment in Fairborn.

Cash invested: $10,000

2nd position at 10% - closing sale on October 19th.

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

Needed a passive return. Something hands off.

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

Referral from local investor. Partner with the primary note holder.

How did you finance this deal?

Personal investment through sole-LLC

Lessons learned? Challenges?

Find better ways to negotiate higher returns since I am local and my partner is not.
Find private money and reinvest into the partnership with larger returns.

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