63%+ ROI Joint Venture | < 6 months Flip in Palm Springs, CA

[Steve S.]

63% ROI: Get your return in less than 6 months

Overview:

We’re looking for an investor to join us and provide the $220,000 GAP financing for a great flip opportunity in Palm Springs, CA. The group is buying the property for $780,000, way below market value. They will be doing a high end, purely cosmetic $200,000 rehab that will yield a resale value of over $1,500,000 very quickly. Yes, this is accurate and verifiable information as we have over 15 comparable sales that support this re-sale value. Your money will be securitized by ownership of the LLC that will own the home.

The team is walking into about 10% equity just as it stands right now in its not upgraded condition. This is a highly desired neighborhood of Little Tuscany in Palm Springs. It will be ready to move fast. 

The ROI will be paid out in a 40% Joint Venture split of the Net Profits. See the numbers below:

40% of $350,000 profit = $140,000 / $220,000 = 63% ROI in 6 months or a 127% ROI annualized

Email me directly for due diligence information: [email protected]

RETURN ON INVESTMENT:

Based on all the numbers we have calculated the profit margin should be north of $350,000.

$1,500,000 - $780,000 - $200,000 rehab - Holding Costs - Closing Costs - RE Commissions = $350,000 

You will be receiving a 40% profit sharing of the profit from the resale of the project. This project needs no permitting and it needs no extensive structural work. The current tenants will be staying an extra 30 days past close of escrow and then it will be a simple 60-days till the rehab finishes and it is back on the market.

40% of $350,000 = $140,000

$140,000 / $220,000 = 63.63% ROI in 6 months!!!!

63.63% x 2 = 127.26% annualized ROI!!! How about that for amazing?!?!

That would be over a 127% return when annualized. The loan will be structured for a 12 month term out of precaution, but we project it to be paid off in the next 5-6 months... easily.

Your investment will be securitized by a Joint Venture agreement, and shares of the holding entity http://www.private-money-loan.com

If you have money and want to make a solid return than this is for you. Call me at 310-948-8585 or email me at [email protected]

Palm Springs Market is Heating Up!!!

Palm Springs Area Real Estate

High End Home Sales Pop in the Palm Springs Area

The high end of the Palm Springs area real estate market was very active in February. The median price for single-family, re-sale homes jumped 12.6%, year-over-year, led by a $5,752,500 sale and a $3,450,000 sale in Palm Desert, a $4,600,000 sale in Indian Wells, a $3,200,000 sale and a $3,100,000 sale in La Quinta, and a $3,150,000 and a $3,000,000 sale in Rancho Mirage. There were an additional 43 homes sold between $1MM and $3MM.

Even with all the activity in the high-end of the market, the median price for the $1MM+ market is only up 1.4% through the first two months of the year. The median price for the $500K-$1MM segment of the market is up 3.3%, while the under $500K market is down 1.7%.

Home sales have been very strong this year, rising by double-digits each of the first two months. Year-to-date, home sales are up 13.9%.

Sales of condos/attached homes have been extraordinary. They are up 31.9% for the first two months of the year. Of note, prices were down in February compared to last year.

If you have money and want to make a solid return than this is for you. Call me at 310-948-8585 or email me at [email protected]

http://www.private-money-loan.com

These opportunities are usually located in los angeles, orange county, southern California, palm springs, huntington beach, CA. This is not traditional financing or hard money or private money. Many lenders who provide hard money financing or private money financing are not gap investors, so we are looking for true private individuals who are looking for solid ROI (return on investment) investments by being part of new property acquisitions on properties that are for sale. These opportunities are primarily for single family residences. So please call us if you are interested in gap, or jv, or being involved in a joint venture capacity.

Call me at 310-948-8585 or email me at [email protected]