Updated almost 10 years ago on . Most recent reply
Experienced Client Paying 14% to 20% for capital funding
In Phoenix, AZ I have a client that is an experienced home remodeler/flipper working in the high demand/ high return Biltmore, Arcadia, and Phoenix historic districts.
The opportunity is that my client is offering to pay high returns secured by his real estate projects. Project durations are typically 6 to 9 months.
Client is offering to pay 15% for 100% financing for acquisition and value-add rehab. Average projects run between $250k to $275k on homes with ARVs of $350k to $400k.
Client is offering to pay 20% for GAP funding (rehab amount only). The average rehab/remodel is $70k to $100k.
Passive high-yield income secured by real estate. Please contact for more info.