409 Foxtrace Ln, Hubert, NC 28539

YOJ Holdings has another solid opportunity to lend on a rehab project 409 Foxtrace Ln, Hubert, NC 28539. For this house we will be lending to Lou Ellis, with whom we have partnered on several successful deals.

Purchase Price: $61K

Repairs: $25K

Conservative ARV: $130K

PP + Repairs / ARV = 67%

This 3Bd/2Ba house offers 1,506sf and a HUGE backyard and a nice fireplace in the living room. Hubert is a town closer to the beaches than Jacksonville, yet still minutes away from Camp Lejune. As usual, the scope of work will include all new flooring, kitchen, bathroom, doors, windows, roofing, and HVAC, if needed.

For this property EAC has negotiated a return of 2% on a total of $87,000 in purchase and construction funding. Total hold time for this property is proposed to be 4 months. In order to protect the privacy of our investors, EAC LP will create a trust for pooling funds, manage the construction and, as always, Dr. Kevin Yoo will personally guarantee the investors’ principal. For these services and guarantee, EAC will earn a portion of the profits on the home directly from Lou Ellis. Investors retain the entire 2% per month return.

Kevin Yoo, M.D. | President

EAC GP, Inc.

858-449-9847

[email protected]

http://www.eacinvestments.com/409-foxtrace-ln/