I am offering 15% interest on the initial investment plus 40% ROI after a six-month grace period.

Purchase price: $162,500 Cash invested: $75,000 I was offered this property directly before it went on the market from my agent.

(Their offerings are now on a portal called “Swell”)One of the current offerings is a loan to a developer in Denver, offering 11% and maturing in Aug 2025.

By Friday—just three days after closing—it was listed on the market with professional photos.Over the weekend, offers started rolling in.

If there is anything I can offer, please feel free to reach out.

The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing. 

When I submit the offer I’m thinking of lowballing though to see what their counter would be.  

Make your intentions clear and make sure you have something to offer.  

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

What if I like a banker but another bank is offering better terms on the first couple deals?