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Updated almost 9 years ago on . Most recent reply

User Stats

800
Posts
229
Votes
Steve S.
  • Lender
  • Los Angeles, CA
229
Votes |
800
Posts

Make $200,000 in 30 days!! - Buyer in place - 7%+ CAP in LA, CA

Steve S.
  • Lender
  • Los Angeles, CA
Posted

THIS DEAL JUST GOT WAY SWEETER!!!

It was on a 90-day clock, now it's less than 30 days

This is a great opportunity for people who like to make fast money. I have a unique situation where a client's mother died leaving her a retail space. Because there is a death clause in the NOTE wells fargo has accelerated the loan and is going forward with foreclosure proceedings.

The property is worth $1.5M easy. We have a buyer in place to buy it with a hard money loan for $1.4M at a discount. The catch is the seller won't own it in 20 days because of the foreclosure. So we need someone to come in, buy it for $1.2M and then resell it for $1.4M and make $200,000. It is currently leased triple net, way below market at $7500/month.

So let me know if you want to make a quick buck.

Call me at 310-948-8585

Offering

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