Seeking Private Lending Relationship

[Mike Klarman]

I've been in this industry on the hard money side for 5+ years. Last year I took on the investor hat and built a very profitable network. I am seeking a private line of credit to buy properties at auction in Pittsburgh. I built a consulting team in that market that know city and the suburbs street by street house by house. Through 18 months, our average purchase price is 40k and our average sale price is 68k. Average deal length is five months. Selling them as-is to local investors. I am looking for someone who is willing to help me scale operations in return for 20% APR. 1.66%/month for deployed capital. Payments rolled into the back and everything paid out at closing. Taking first position lien is possible if need be to secure capital. That's more than the standard lending rate. We are missing incredible opportunity because some properties are above our capital on hand.

I have 80k of my own money to back the line up.

If you are interested in this relationship please email or call.

Michael Klarman

267 251 7649
[email protected]