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Updated over 1 year ago on .

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John Banaski
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3
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Looking for Investor for 3-month short-term loan @ 10% with principal ROI quick!

John Banaski
Posted

Hello BiggerPockets Community!

I have a property under contract that is a 9%CAP that I've lined up 100% debt financing of $1.8M USD but I need to cover my due diligence and closing costs, which are < $80K. The closing costs alone are $55K and would be returned at closing with the remaining funds returned as a preferred return of 10%.

If anyone wants to make money on their cash between deals, please let me know and I'll share the details.

It is a solid deal and will be the first of many before the end of this year!

If you are interested or know of any investors who may be, please let me know ASAP! Trying to close by 6/14/24!!

Thank you!

John

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