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Updated over 9 years ago on . Most recent reply

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Robert Greene
  • Investor
  • Trenton, MI
0
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9
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Funding for flip

Robert Greene
  • Investor
  • Trenton, MI
Posted

We are looking for financing (funding) for a property in Woodhaven MI. The purchase price for this property is $80,000. The repair cost is $25,000 and the after repair value is $155,000.

Offering

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257
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58
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Isaac Blocher
  • Property Manager
  • Orlando, FL
58
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257
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Isaac Blocher
  • Property Manager
  • Orlando, FL
Replied

Some questions: have you every been a borrower for a trust deed investor? Boaz Capital Group LLC are trust deed lenders. We require a Deed of Trust to the property which is a 1st position lien. You would sign the deed of trust at closing plus at the same time you sign a Promissory Note. Most of your borrowers pay 12 to 18% monthly.

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