IN NEED OF A PRIVATE MONEY LENDER FAST!!!

[Dustin Amodo]

Im looking for someone who would like to invest in my deal and would like to build a strong, trustworthy long-term relationship for future deals and investment.

Deal Analysis-

Funds Required: We are seeking $100,000 for the qualifying reserves/down payment for the loan. The annual return on your investment (ROI) will be 12% on this project.

After Repair Value: ● $680,000

Purchase Price ● $500,000 

Total Purchase Price (purchase price plus purchase costs) ● $511,650

Construction Costs (Site development, construction of houses, and soft costs) ● $40,000 

Monthly Holding Costs (7 months) ● $5,810 

Total Loan Amount (total purchase price + construction costs + holding costs) ● $550,000

Return: We are pleased to offer 12% annual APR for this project. $1,000 in interest (based on $100,000 principal) will accrue every month, to be paid out in a balloon payment, along with the full return of your principal, all paid through escrow upon the sale of the property.

Security: A notarized Promissory Note and Mortgage will be issued to the lender, which will be recorded against the property at the Bureau of Conveyances. Our LLC (DRA INVESTORS LLC) is on title as the legal owner of the property. After paying our lender(s), there is substantial equity in this deal. This substantial margin of equity provides additional safety for our lenders.

[Jay Hinrichs]

couple things to help you... Notes are NOT notarized only the mortgage.

this is gap funding or second financing 12% is apr or 6k for the risk I think you will find takers to be very few at least any that understand risk/reward of secondary financing. 

this would be good for friends and family helping you out.. otherwise you probably need to pay teh 12% PLUS an equity kicker.. this is 100% financing with the TOTAL CASH risk to the 100k and NO risk to you with you making all the profit.. so look at it from the other side of the table..

most of these I have seen done are straight 50/50 profits..