The Real Estate Investor's Magazine
We Funded a hard money loan in the city of Huntington Beach with our Private Money Fix n Flip Profit sharing program. This loan was submitted by a mortgage broker out of Newport Beach. We funded this transaction in seven business days! The borrower was a real estate professional that has been operating for seven years with a track record. He buys distressed assets with his LLC in the orange county areas of Huntington Beach, Newport Beach, Corona Del Mar, crystal cove and laguna beach. He was a little low on capital, so we did our Fix n Flip Equity Profit Sharing loan program. Loan Docs were in escrow 24 hours after the appraisal came in, We funded the day after the borrower signed loan docs! This was a Win-Win for Both Borrower & Investor with this Joint Venture Trust Deed Investment.
For more information about This program & Other Hard Money Programs Feel Free to call me direct
at 949.836.5004 or email me directly. | Brokers Welcomed!
Its easy! 10% of the whole project from the borrower & we will put up 90% of the whole entire project up to 70% of the After Repair Value, case by case we may go higher! Here is what the numbers looked like below. Thank You!
$865,000- After Repair Value/Final Sales Price
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