All Forum Posts by: Clayton Danly

If interested please contact me for address and interior/exterior pictures. The property is in Jefferson Park. 

Property:

Purchase Price: $840,000
Rehab Costs, est: $45,000

Closing Date: November 30th

Financing Terms:
Loan Amount: $672,000
Down Payment: $168,000 + closing costs
Interest Only Payments: 8.50% - 10%
Loan Term: 12 months with no pre-payment penalty

~~Rehab Financing available between 80-100% of rehab budget.

~ Contact Clayton Danly
847 977-2095
[email protected]

Hey BP! If interested please contact me for the address, more information and to schedule a site visit. 

Property:

Purchase Price: $450,000

Closing Date: November 14th 

Owner Financing Terms:
Loan Amount: $360,000
Down Payment: $90,000 + closing costs
Interest Only Payments: 8.50% - 10%
Loan Term: 12 months with no pre-payment penalty

~~Rehab Financing available between 80-100% of rehab budget.

~ Contact Clayton Danly
847 977-2095

[email protected]

We are  looking for a partner on the project outlined below. Please give me a call or send a message if you're interested and I can disclose the address. Property is sold as-is with an inground pool that needs some work to remedy deferred maintenance. 

Property:

3 bed / 2 bath, 2,959 sqft, 0.25 acre lot 

Purchase Price: $1,819,000 
After Repair Value, estimated: $3,500,000 with remodel

Closing Date: 10 days after offer is accepted 

Investor Financing Terms: 

Purchase Loan Amount: $1,455,200 - 80% LTV
Interest Only Payments: 8.50% - 9.5%
Loan Term: 12 months with no pre-payment penalty

~~Rehab Financing available between 80-100% of rehab budget. 

Hey BP community!

I have a client who falls outside my wheelhouse loan products - The investment property is too rural. Would any lenders out there be interested in taking this project on? I'm not looking for any sort of referral - Just a qualified lender to get the project done. 

LOAN DETAILS: 

- $180,000 purchase price

- Looking for 70% LTV

- Qualified Borrower (Satisfactory FICO and meets reserve requirements) 

- Sound investment strategy (profitable exit strategy to hold long term, good cash flow potential, DSCR = 110% using market rents.

Please give me a call or send me an email if you're interested in learning more. 

Property:

Purchase Price: $1,650,000
Closing Date: Sept 14th, 2018, or sooner 

No Rent Control. Laundry in each unit

Seller has not updated the units due to the low rent, entire building has been well maintained. 

Bridge Financing Terms:
Loan Amount: $1,320,000
Down Payment: $330,000 + closing costs
Interest Only Payments: 8.50% - 9.99%
Loan Term: 12 - 24 months with no pre-payment penalty

RENT ROLL: 

Units      Unit Type         Actual                Market

1                3+2                $1,420                $2,800

1                3+2                $1,500                $2,800

1                2+2                $1,275                $2,000

1                2+1                $1,275                $2,000

Totals: 10bd/7bt $5,470  $9,600       

Expenses: $2,170 (not incl taxes)

~ Contact Clayton Danly
847 977-2095
[email protected]

Off Market in Marina Del Rey right on the beach!! This will be gone by the end of the week!! Next door sold for $3.7M... 

Property:

Purchase Price: $2,300,000
Rehab Costs, est: $150,000
After Repair Value, est: $3,700,000 

Closing Date: Sept 12th, 2018, or sooner

Flip Financing Terms:
Loan Amount: $1,840,000
Down Payment: $460,000 + closing costs
Interest Only Payments: 8.50% - 10%
Loan Term: 12 months with no pre-payment penalty

~~Rehab Financing available between 80-100% of rehab budget.

~ Contact Clayton Danly
847 977-2095
[email protected]

Property:

Purchase Price: $778,000
Rehab Costs, est: $50,000
After Repair Value, est: $980,000 with remodel

Closing Date: Sept 12th, 2018, or sooner

Owner Financing Terms:
Loan Amount: $622,400
Down Payment: $155,000 + closing costs
Interest Only Payments: 8.50% - 10%
Loan Term: 12 months with no pre-payment penalty

~~Rehab Financing available between 80-100% of rehab budget. 

~ Contact Clayton Danly
847 977-2095
[email protected]

Check meetup.com - Here's the link: https://www.meetup.com/forinvestorsbyinvestors/eve...

Hey Albert, 

For me the best REIA meets have all been FIBI (For Investors By Investors). I think the next meetup is June 28th in Long Beach. Definitely recommend if you want to network with active real estate pros in greater LA.

Hey BP! 

Wanted to reach out and see if anyone else has been going to the Super Tuesday auctions in Texas. Have you closed any deals at these auctions? i'll be in San Antonio for my first one next week, if you're in the area lets meet up! 

-Clayton