$200,000 For Debt/Equity - 8-20% Returns

[Wayne Mack]

Hi Everyone,

A Client of mine owns a 4 unit property here in North Jersey. The building is in downtown Newark and houses a business in which the owners of the building own as well.

The partners are seeking $200,000 for a total renovation project for the entire building.

The team has also just secured an advertising contract with a major business for building signage grossing $20,000-$40,000 monthly.

We are still negotiating whether this will be a debt or an equity position. Either way, returns should be between 8-20% depending on negotiations