a DEAL that needs Money
Type of investment available:
2/1 Property
Loan Term offered:
3 Month Minimum Term, 6 Months Maximum
Yield offered:
12.00 %
Geographical areas covered:
DES MOINES, IOWA
Dealmaker Name:
Christy Osterkamp
Other terms & conditions:
Lending opportunity,
* Will be rehab and rented for $1350 per month.
* We are lending 50% of deal.
* ARV is expected to be 107K.
* Looking for partner or partners for the remaining 50% of note. (totaling 57K)
* Contact to see if the amount you have available will fit in to the deal.
* Note will be secured by the property and borrowers will give personal guarantee in addition to the promissory note.
* Borrowers are well stablished with a portfolio of 84 rental homes, they intend to use this loan for acquisition, rehab and refinance within 6 months.
* Funds will need to be wired around October 19th 2022
* Best to text me with your name so I can get you into my contacts
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