Updated over 7 years ago on .
Mailbox Money: Need Private Investor to Fund Project in Phoenix
It's amazing what passes for a "deal" these days. To make decent cashflow, many investors are forced to buy out-of-state rental properties in midwest markets like Milwaukee, Indianapolis, Fort Wayne, Lansing, Detroit, Cleveland, Memphis, Kansas City, St. Louis; or, southern markets like Montgomery, Huntsville, Akron, Birmingham, Atlanta, Tampa.
Blue Sky Homes in Phoenix, AZ offers a different solution: Instead of buying a rental, lend your capital to us via a 12-month private loan and start earning 8% interest each month. Quality passive cashflow in your mailbox on the first of the month with ZERO tenants, toilets, or trauma.
Our Newest Opportunity
| Property | 4710 E. Calle Tuberia, Phoenix, AZ 85018 |
| New Build Value | $1.7M |
| Purchase Price | $730,000 |
| Seeking Senior Debt | $270,000 |
| Loan-to-Value (LTV) | 37% |
| Rate | 8% (annualized, no points or fees) |
| Term | 12 months, interest-only |
| Comparable Sales | Available Upon Request |
How We Will Add Value
This one will be a luxury new build property in the signature Blue Sky style (plans being finalized now). It's an awesome location just North of the Arizona Canal Trail, walking distance to Arcadia's best restaurants and breweries, and in the very sought after Hopi school district.
About Us
Blue Sky Homes is a full-service real estate investment firm owned and operated by Nick and Adralyn Blue. We provide stylish, move-in-ready homes to buyers, and real-estate investment programs for both passive and active investors. Since 2009, we have completed over 275 projects, borrowed in excess of $75 Million, and have repaid our lenders with a 100% success rate (over $4.5 Million in interest.) Current Private Lender references are available upon your request.
Contact Scott Scharl for More Information
Schedule a call with Scott at calendly.com/scottphx/30mincall. I look forward to getting to know you, learning more about your investment goals, and seeing if we might be a good fit.