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Updated about 6 years ago on .

User Stats

133
Posts
63
Votes
Ryan Zomorodi
  • Flipper/Rehabber
  • San Diego, CA
63
Votes |
133
Posts

Private Money for Fix and Flips - JV Partners

Ryan Zomorodi
  • Flipper/Rehabber
  • San Diego, CA
Posted

Are you tired of using hard money lenders for your flips? 

Need a break from the hassles of lengthy applications and monthly interest payments?

Use private money for your next fix and flip project!

MDI West Properties will fund 85% of total cost (acquisition cost and rehab) and split profits 50/50. We also cover carry costs. 

For just 15% of the total project cost, you can keep 50% of the deal profits. 

There are no monthly interest payments, points, pre-payment penalties, term extension fees, inspection fees, credit checks, applications, appraisal fees, LTVs, etc. We'll pay the first rehab draw in full upon closing. 

Sure you keep 100% of profits when you take on hard money debt, but that's after paying 10-14% interest monthly, 2-4 points upfront, having to front rehab draws, pay inspection fees, draw fees, appraisal fees, prepayment penalties, and so on.. 

Lenders are already taking a huge chunk of your profits. Why not partner with experienced investors who have the same goal in mind? Bottom line deal profits. 

We've invested over $100,000,000 in residential real estate, including millions with Bigger Pockets members. 

We provide full back-office support, including proof of funds, dedicated acquisitions team, due diligence, deal sourcing, transaction coordination, accounting, asset management, and a national network of general contractors. 

Single family AND multi-family across the country. 

Give us a call today. We'd love to hear about your next fix and flip project!

*CLICK HERE FOR OUR YOUTUBE PROMO VIDEO*

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