100k short term note backed by 120k lot
Looking to raise $100,000 on a short-term, land-backed note.
We’re acquiring a duplex plus a separate buildable parcel. The parcel is being acquired for $1 and is worth approximately $120,000.
Offering $120,000 payback within 3–6 months. Funds will be used for the duplex down payment and renovation.
Loan is secured by the vacant parcel. Exit is a sale of the lot to a development partnership planning townhomes.
Happy to share comps, title, and details via DM.
Looking for
Cleveland, Ohio