Post
Topic
Board Lending
Re: Looking for Private Lenders(Hard Money Loan)
by
CryptoREI
on 30/11/2014, 19:34:03 UTC
If anyone is wants to do a 50/50 split on LLC this is the property I am working on getting funded right now






3
BATHS   1
1/2 BATHS   1
FLOORS   1
SQ. FOOTAGE   1,282 sq. ft.
YEAR BUILT   1972
ACRES   0.26

63,000 Cost to purchase
15,000 Estimated repairs
---------------------------------Total Investment
78,000

Estimated profit 25k/2  12.5k Profit in you pocket for the loan.

Gain or Loss:   $12,500.00
Percentage Gain or Loss:  16.0%  <----- Find something else that yeilds like that
Annualized Return: 82.6%
Total Years: 0.246
This one needs a BOAT LOAD OF WORK



43,000
30,000
-------------Total investment
73,000

Comps put it in the area of 109,000

estimated profit 36k /2 you pocket 18k


Gain or Loss:  $18,000.00
Percentage Gain or Loss: 24.7%
Annualized Return: 144.7%
Total Years: 144.7%