Anyone Interested in a Short-Term SECURED Loan Earning you $2,150 per Month?!

[Dustin Faeth]

Hi All,

My real estate company in Columbus, Ohio has another great rehab project under contract and we are looking for a private lender to work with us in funding this deal.  Our experienced team has completed 20+ successful rehab projects in the past 18 months, and this is a nice one!  Below is a brief summary of the numbers on this one:

Address:  4460 Lauraland Dr. E. Columbus, OH 43214

ARV: $290,000

oPurchase Price: $170,000

oRehab Cost: $40,000

oHolding & Contingency Costs: $5,000

oTotal Funds Needed for Project: $215,000 (SECURED Loan on the Property)

Estimated Hold Time: 3-4 Months (from purchase to resell)

HERE ARE THE TOP 3 MOST COMPARABLE:

743 Stinson Dr SOLD for $290,000 in 4 days. 4 bed, 2.5 bath, 2,058 sq/ft

4496 Loose Circle E SOLD for $305,000 in 5 days. 4 bed, 2.5 bath, 2,036 sq/ft

4331 Brookie Court SOLD for $305,000 in 25 days. 4 bed, 2.5 bath, 2,232 sq/ft

TERMS & ROI FOR PRIVATE LENDER:

Our private lender will earn 12% annualized interest

This project will be approximately a 3 month total hold time (4 months at the very max)

With a total secured investment of $215,000 you will be earning $2,150 in interest PER MONTH for a total of $6,450 (3 month return) to $8,600 (4 month return) for this project!

SECURITY FOR PRIVATE LENDER: Once the deal looks good and your ready to go, we will provide the following security documents to you:

Recorded Mortgage on subject property to be filed at closing

Promissory Note

Hazard Insurance policy with you added as to the policy as the additional insured

**Please contact me if you are interested in this private lending opportunity with our company, and I can send you all the supporting documentation on the deal, and answer any questions you have.  Thanks!

Dustin Faeth