Posted by Paul Turner on February 19, 2010 at 14:24:43:
How about I do you one better I’ll send your my business plan and if you like it move from their.
Seeking Investor with creative financing ASAP - Posted by Paul Turner
Posted by Paul Turner on January 27, 2010 at 19:58:12:
What I need
$10,000.00 for earnest money deposit. $25-$30,000.00 for 3rd party fees that include: Title Company, attorney fees, appraisal, Phase 1 environmental and closing costs.
Property Information
96 units apartment complex Illinois purchase price $2.45 million subject to appraisal. Class “C” type buildings. Gross $530k+ NOI $280k+.
What I’m offering
$5,000+ every month for 3 months with a balloon payment for the initial $40k investment plus 15%-25% in equity at the end of 3-5 years.
How you get paid
Investor being put on 2nd on the property for a collateralized lien Incase I?m not able to pay you back in any way you would be legally able to take over the property. Casualty Insurance incase the property catches on fire or floods etc. Business Loss Insurance for up to 12 months this would pay for any income loss to Casualty?s that might befall the property. Key Man Life Insurance put into my company operating agreement if I?m die my operating agreement would pay my private money investors off with the proceeds.
Re: Seeking Investor with creative financing ASAP - Posted by richard norton
Posted by richard norton on February 18, 2010 at 22:45:48:
Hi, Paul
I’m a private lender, this sounds like an interesting deal got any others?
I can fund your deals or pay you handsomely for qualified referrals…
for more info see the url below
cheers
Richard
www.windfallprivatefunding.com