All Forum Posts by: Steve S.

anyone else out there willing to lend? thanks

@Scott Wolf  sent to you

the 10% is a flat 10%, so paid back in 30 days it would be an annualized 120% ROI, paid back in 90 days it would be 30% ... sorry for any ambiguity ... the 180 days is just for the "what if" factor meaning it will balloon in 180 days but the exit strategy proposed will have it back in 30- 90 days projected.

@Scott Wolf

This is what we are asking for:

Loan amount: $50,000

Property Value: $125,000 (at least)

LTV: 40%

Position: 1st lien position

Term: 180 days with no prepayment penalty

Interest Rate: 10%

Credit: ~620 FICO; no foreclosures or shortsales

Exit strategy: Payoff in full with full reconveyance with investment capital coming in for project in approximately 90-120 days or less.

We acquired the property for all cash for $125,000 in May of 2021. We are in the process of getting plans and permits completed and will begin our main phase of rehabilitating the property in the next 90 -120 days when funds are initiated by our investor for the project. In the meantime we need to utilize some capital by accessing the equity in our building. The property is a 33,000SF brick building on almost 3 acres of land.

It is a very simple deal. We own it free and clear. We bought it for $125,000 but previously assessed value had it at $400,000. At $50,000 the LTV based on our purchase price alone is 40%, so the loan is well securitized against the property.

talk to @Jeff Cichocki that's his specialty

I know of some incredible opportunities that are more lucrative

I can help you

@Neesa Patel one great option is to invest the funds into an opportunity zone fund. Several of them out there have incredible returns available. 

The real estate market is ready for a new building product and this is a green product where you can frame a house in 1 day... finish building in less than 2 weeks... start to finish. 

The company I represent has developed an incredible product that cuts the building time down by a factor of ten when building structures. It is bullet proof, light weight, stronger than concrete, earthquake resistant, wind resistant, fire resistant, cheaper than other materials, stronger than other materials, it is fire retardant, can't mold, it has a negative carbon footprint, it has an r-20 insulation rating... it is revolutionary.

We are seeking a total initial investment of $500k, which has $500k of matching funds from a grant, for a total $1,000,000 of capital in order to bring this building product to market. The company is worth $53,000,000 right now and in 90 days after the $500k arrives it will be over $100,000,000. Right now with this offering there is 2x the amount of shares being offered for the first $500k, which is double and then when the valuation doubles in 90-180 days you will have 4x the value and then it will only grow from there.

The product is fully patented, the product has gone through R&D, the product is in hand, the testing has been nearly completed and purchase orders are standing by.

The only barrier right now is money. This is going to replace concrete, wood steel etc... You have no idea what you would be missing by not reaching out to me. Revolutionize the world and make a higher ROI than any investment you have ever been a part of.

This is the most green building product out there and it just needs to be funded.

Join us.

Text me at 310-948-8585 or DM and lets talk.

We are acquiring an incredible 3-story mixed use historic building and need $150k. We are going to pay a 15% flat rate (not monthly, but FLAT) so whenever we pay it off you will receive 15% on your money. We have the capital contractually obligated to receive by the end of the year and can provide it. The money will be held in 1st trust deed position, recorded through title, and you will be paid off, with interest, in less than 6 months from now. 

It is in an opportunity zone fund so there are extra benefits there that are possible. 

DM or send me a text to 310-948-8585... this is an incredible opportunity to make great money!

Project is in Los Angeles, California looking for a private loan or hard money loan or investor could be in LA or Orange County or even San Diego or Ventura CA. Amazing ROI that can be better than any flips fixer upper, fix and flips, gold, stocks, bonds, currency, bitcoin, altcoin, or anything for that matter.