All Forum Posts by: Lamarr Baxter

Investors wanted for 6-12 month short term real estate secured loans. All investment funds received are held and disbursed via a 3rd party escrow company. Self-Directed IRA funds are welcome. For more information on specific transactions requiring funding, please contact me.

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Seeking investor(s) for an investment amount of $500K for an Equity Share position on the below listed property:

550 Fairmont Ave

Oakland, CA.

Below are the variables to the transaction:

• Fair Market Value: $2.3 million
• First Position Acquisition and Rehab Loan: $1.8 million @ 65% LTV
• $1.8 Loan covers purchase, partial renovation, tenant buyout funds to increase rents for new tenants
• $500K needed for renovations
• 65% Equity Share opportunity
• Investment Term: 3-5 years
• Minimum Investment of $50K
• Self-Directed IRA funds are welcomed

Please contact me for more information and details

Property Address: 49 Harbord Ct. Oakland, CA. (Oakland Hills)

Seeking an equity position investor to complete a rehab project for the above listed property

Funds Required: $100K (Funds secured via Deed of Trust against subject property)

Property ARV: $1,600,000

Property Acquisition Amount: $1,065,000

Equity Offering: Negotiable

Please contact me for more details on investment and property

Property Address: 49 Harbord Ct. Oakland, CA.

Seeking an equity position investor to complete a rehab project for the above listed property

Funds Required: $100K (Funds secured via Deed of Trust against subject property)

Property ARV: $1,600,000

Property Acquisition Amount: $1,065,000

Equity Offering: Negotiable

Please contact me for more details on investment and property

Featuring a wide 7,841 SqFt lot, this 3,486 SqFt fourplex has 8 beds and 5 baths. It also has 2 Single car garages along with 4 covered parking spaces.

Property Address: 225 Rose Ct. Campbell, CA. 95008

Asking Price: $1,395,000.00

Photo: http://www.trulia.com/homes/California/Campbell/sold/726192-225-Rose-Ct-Campbell-CA-95008

Details: https://www.dropbox.com/s/dsav771izl9bbhn/225%20Rose%20Court%20Summary.xls?dl=0

CAL BRE#: 01335059

Featuring a wide 7,841 SqFt lot, this 3,486 SqFt fourplex has 8 beds and 5 baths. It also has 2 Single car garages along with 4 covered parking spaces - Asking Price:

$ 1,395,000  (See details below):

http://www.trulia.com/homes/California/Campbell/sold/726192-225-Rose-Ct-Campbell-CA-95008

Multi-Family Unit Real Estate Investment Opportunity in Duncanville, TX:

• 122 Units
• Purchase Price: $11,275,000.00 with Seller Carry-Back 1st @ 61% LTV
• Capital Raise: $4,400,000.00
• 95% Occupancy
• Rate of return: 7-11%
• Investment Term: 10 years
• Minimum Investment: $100K
• Excellent Investment for Self-Directed IRA plans
• Investment Type: Fractional Ownership
• Serious investors ONLY

Please contact me for more details.

@Alfredo,

Another source of OPM is Self-Directed IRA/401K funds in conjunction with the HML funds. Many individuals will loan you funds via the SDIRA if the return you are offering is attractive. Many of my buy/flip clients have gone this route to satisfy the 30-40% down-payment requirement of the HML. You may also access your own retirement funds if you are 59.5 OR have access roll over 401K funds from a previous employer or an existing IRA. Please call me if you would like to discuss this added option to secure your funds.

Depending on the structure of the deal many HML's will lend up to 65-70% LTV/CLTV (Before Repair Value). Therefore make sure you are conservative with your acquisition amount and repair cost to ensure you are buying right. The HML's will perform their due diligence on the deal to make sure the numbers are accurate as well to prevent default.

Would you consider lending money for some California Buy/Flip projects? I have clients seeking short term loans for both property acquisition and rehab.