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All Forum Posts by: Dan Kim

Dan Kim has started 18 posts and replied 49 times.

Post: Looking for a Bridge/Gap Loan

Dan KimPosted
  • Posts 50
  • Votes 11

Hello BP! My partners and I are looking for bridge financing to keep our project moving. I've summarized what we are offering below regarding terms, but are open to a dialogue to see what can be a best fit for you and for our needs. Time is of the essence for our project so hopefully we can engage in a potential collaboration! Thank you so much for your time and consideration.

-----------------------------------------------------------------------------

Investment Opportunity – 12% Annualized Return

We’re offering a 12% annualized return on a 6-month loan (with a 3-month extension option) as we secure up to $100,000 in funding for our ongoing renovation project.

Use of Funds: Covering unexpected project costs, including:
✔️ New 2” water line installation
✔️ Additional permitted mechanical vents
✔️ Waterproofing improvements
✔️ Plumbing wastewater line testing & replacement

Security & Repayment:
🔹 Collateral: Second lien on the property + personal guarantees
🔹 Recorded Promissory Note via Premier Settlements
🔹 Exit Strategy: Refinance upon lease-up to repay all debts in full

Looking for a secured investment with strong returns? DM us for more details & a full pro forma.

@Chris Seveney Thanks Chris! I thought so too, at least from what I'm finding out. 

Hello BP,

Are there business credit cards that don't require a personal guarantee? It seems most, if not all, do require it unless you're looking for a corporate business card. Thanks in advance!

Post: Searching for equity partnerships

Dan KimPosted
  • Posts 50
  • Votes 11

Hi Ozzy,

Yes, the apartment will need renovation. We have everything lined up for that. Thanks for asking!

Post: Searching for equity partnerships

Dan KimPosted
  • Posts 50
  • Votes 11

Hello! My name is Dan and I am constantly looking to network and connect. One of my primary focuses right now is to share current deals I have with potential equity partners. If you'd like more info, please message me and I can provide more details!

Some info to start on deals currently being worked on...

- My partner and I are taking on limited partners on a multi unit apartment in Maryland. We would provide a 16% return on equity upon the sale or refinance of the project. Looking for up to $100k and up to 9 month hold.

- Fix and flip: SFH, 5/2, Maryland, ARV $450,000/RENO $80,000/PURCHASE $280,500. We are providing 12% return on equity upon the sale of this project

Post: 16% return on equity to our equity partners

Dan KimPosted
  • Posts 50
  • Votes 11

Hello BP community!

My partner and I are taking on limited partners on a multi unit apartment.  We would provide a 16% return on equity upon the sale or refinance of the project. Looking for up to $100k and up to 9 month hold.

If you are seriously interested, please message me for further details on this opportunity. 

Best regards,

Dan


Post: Connecting with wholesalers

Dan KimPosted
  • Posts 50
  • Votes 11

@John O'Leary Will do! Thank you John.

Post: Connecting with wholesalers

Dan KimPosted
  • Posts 50
  • Votes 11

@John O'Leary Thanks John! I've been looking at Investorlift and Marketprodeals. Can't say I'm finding great deals through them yet. But maybe I can connect with individual wholesalers there as I'm looking for properties before they go on blast. 

Post: Connecting with wholesalers

Dan KimPosted
  • Posts 50
  • Votes 11

Hi! My name is Dan and for the past 2 months, I have been searching for my first fix and flip opportunity. I'd gladly appreciate any connections to wholesalers who could work with me. My buy box consists of a 2 bed/2 bath minimum property within 30 miles of Columbia, MD. Thank you for your time and look forward to connecting. 

Post: Looking for a Fixer Upper

Dan KimPosted
  • Posts 50
  • Votes 11

Hello! I am looking for a fixer upper in the area. Please message me if you have a property I can consider for a fix and flip. Thank you very much!