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Matthew Bernal
Pro Member
  • Investor
  • Honolulu, HI
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12% Return Opportunity For Passive Investors

Matthew Bernal
Pro Member
  • Investor
  • Honolulu, HI
Posted Nov 11 2022, 17:03

Offering a 12% annualized return on an investment of $500,000 for 24 months. The funds will be used to close a multifamily apartment complex with an annual net operating income of $323,000. 

Minimum buy in is $150,000. Investors will be secured by a deed of trust and promissory note. Contact me via email at [email protected] for more details. 

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Chris Seveney
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#1 All Forums Contributor
  • Investor
  • Virginia
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Chris Seveney
Pro Member
#1 All Forums Contributor
  • Investor
  • Virginia
Replied Nov 11 2022, 18:32

@Matthew Bernal

How are you securing who is in first vs 2nd position ?

User Stats

76
Posts
25
Votes
Matthew Bernal
Pro Member
  • Investor
  • Honolulu, HI
25
Votes |
76
Posts
Matthew Bernal
Pro Member
  • Investor
  • Honolulu, HI
Replied Nov 12 2022, 11:03

@Chris Seveney

My first position is being held by Park Place Finance, and the second position will be held by either one investor, or an LLC owned by a group of investors.

Here's the timeline:

December 1: Close 

January 15: Section 8 Approval

February 30: 95-100% Occupancy

June 1: Refinance at 8% Exit Cap

Would be happy to send you the analysis and property details. What is a good email to send more information?

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