Rose Michael Properties, LLC is seeking a $175,000 investment to secure commercial lending for a property.
Executive Summary:
Rose Michael Properties, LLC is seeking funds of $175,000 to purchase a one (1) multifamily property, rehab to increase value of the property, rent out the renovated units, and refinance as an exit strategy for the investor. The Rose Michael Properties, LLC team has extensive experience in real estate investing, property management, and construction management. The overall goal is to generate long-term cash flow and capital appreciation through acquiring, rehabilitating, and managing multifamily properties in desirable neighborhoods.
About the Company:
Rose Michael Properties, LLC is established in Michigan with a valid EIN tax ID with an active business checking account. The company will be taking full advantage of properties that are connected to a large bodies of water. Shawn Carrie currently owns and operates Rose Michael Properties, LLC as the only member with 100% interest in the company. Shawn Carrie has worked in construction and has been involved with many different property projects. Shawn Carrie has become successful in IT where he has always made his employer successful, it's now his turn at that success. Shawn Carrie is very confident in his approach and with the plan laid out that he can continue to work while overseeing the renovation progress. Shawn Carrie is currently working remotely doing IT remote work and will be able to travel and work at these locations as needed. He will also plan to continue to work 3 to 5 years supporting himself from his IT job. Shawn Carrie has already funded the business with over $45,000 thus far but able to use his current IT job to add an additional $2,500 per month to continue the BRRRR method. Rose Michael Properties, LLC would have a target demographic of people looking to vacation on these properties but still mindful of the long-term potential renters. Rose Michael Properties, LLC would invest primarily into properties with commercial units (5-10) however if a property presents itself Rose Michael Properties, LLC would review its potential for profit. Once a multi-unit property is purchased Rose Michael Properties, LLC would continue to rent out 75% of the units while renovation is occurring to ensure cash flow continues. After the bills are paid (including investor interest) the remaining profit will be put back into the property during the renovation phase.
Any and all feedback is welcomed, please message me.
Thank you for your time, a more detailed business plan can be provided upon request as well as future phone conversations.
