Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on .

User Stats

41
Posts
4
Votes
Lamarr Baxter
  • Consultant
  • Sacramento, CA
4
Votes |
41
Posts

Real Estate Investment Opportunity - Oakland, CA

Lamarr Baxter
  • Consultant
  • Sacramento, CA
Posted

Seeking investor(s) for an investment amount of $500K for an Equity Share position on the below listed property:

550 Fairmont Ave

Oakland, CA.

Below are the variables to the transaction:

  • Fair Market Value: $2.3 million
  • First Position Acquisition and Rehab Loan: $1.8 million @ 65% LTV
  • $1.8 Loan covers purchase, partial renovation, tenant buyout funds to increase rents for new tenants
  • $500K needed for renovations
  • 65% Equity Share opportunity
  • Investment Term: 3-5 years
  • Minimum Investment of $50K
  • Self-Directed IRA funds are welcomed

Please contact me for more information and details

Offering