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Updated about 4 years ago on . Most recent reply

Account Closed
  • Investor
  • Vancouver, WA
63
Votes |
315
Posts

Promissory Note Success!

Account Closed
  • Investor
  • Vancouver, WA
Posted

Investment Info:

Single-family residence private money loan investment in Portland.

Purchase price: $120,000
Cash invested: $120,000
Sale price: $147,000

Capital partner on an 18-month , 2nd position, promissory note backed by a flip project in NE Portland Oregon via Trust Deed. The project took longer than expected, although COVID did delay it, but not as much as the permit department. $50/day for 18-months was nice. Could have lost money too but I lend to the pro's.

Let me know if you invest in Washington or Oregon and interested in these types of investments and I'd be happy to share my experience.

Most Popular Reply

User Stats

95
Posts
53
Votes
Bob B.
  • Real Estate Agent
  • Portland, OR
53
Votes |
95
Posts
Bob B.
  • Real Estate Agent
  • Portland, OR
Replied

Hi Joe!

Interested in learning more about what you do. Send me a friend request and lets connect and discuss!

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