Investment Info:
Industrial hard money loan investment.
Purchase price: $4,500,000
Cash invested: $1,000,000
Sale price: $5,000,000
Business required capital for improvement of project for better revenue.
What made you interested in investing in this type of deal?
low risk and quick returns on the property and experienced team behind the project.
How did you find this deal and how did you negotiate it?
Personal contacts and referral basis.
How did you finance this deal?
Used direct funding.
How did you add value to the deal?
Improved property return for owner.
What was the outcome?
NOI improved.
Lessons learned? Challenges?
Network is more important then Net Worth.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Licensed myself.
