Condo project-Santa Cruz CA
We are looking for financing to help us with a condo project in Santa Cruz..Here are some of the info that will help you decide if its something for you or someone you know:
Details..
Purchase price........$385,000
ROI for Investor.......$30,000 flat rate for funding the Purchase price.
Investor places a 1st lien on property for $385,000
and a second lien after closing for $30,000 making the Investor have a secured investment and a total return of $415,000(385k+30k=415k)
We must hold property for 90 days after closing before selling it.
We will then market and sell the property for $515k-$520k....BPO is $525k
Investor liens would then be paid off with a 30k profit to investor for funding the $385k purchase price........
Total estimated time for deal 7 Months maximum......(Waiting time of 3 months then up to four months to market and sell.)
Great ROI for 7 months.........
Let me know if you know someone who can make make this deal happen and then we can move forward with more details.....
FYI Property is turn key with only carpeting and interior painting required.......