fund your freedom by lending capital to fertilize growing portfolios of business owners and investors.
Private lending: It's one of the oldest, most proven forms of investing that allows you to choose your own investment. Receive predictable fixed returns and consistent cash flow. Asset based lending secured by equipment, receivables as collateral and other real tangible assets. Further mitigate risk with insurance and leverage a healthy equity buffer on the property being secured as collateral.
Low entry Subto- Riverdale 11 miles to the airport, 17 miles to downtown ATL!
PROPERTY DETAILS
-3bd/2ba
-Build in 1993
-1320 sqft
-NO HOA, NO Restrictions
DEAL STRUCTURE
-Purchase Price: $226.6k including assignment
-Entry Fee: $21.6k + closing
-EMD: $4,000
-Cash to seller: $11.6k
-Assignment Fees: $10k
SUBJECT TO TERMS
-Mortgage Balance: $205k
-Interest Rate: 5.25%
-PITI:$1932 (No Balloon)
-PI: $1166 Subto
-TI: $766 ($141 pmi)
PML TERMS
-2nd Mortgage $21.6k + cc
-$4,000 EMD to escrow Balance due at closing
-Interest Rate: 10% Interest Only
-IOP $216 (Balloon 60 months)
RECOMMENDED EXITS
-MTR: $2,850 -$3,000*
-STR: $3000 (AirDNA)**
-LTR: $1600 - $1,700 (Zillow rent and Rentcast)
OTHER NOTES
-Recently renovated with a modern touch
-Features a great room with a fireplace and vaulted ceilings
-New carpet and LVP flooring throughout
-Freshly painted interior and exterior
-Updated kitchen with granite countertops
-New water heater and HVAC system, including furnace and condenser
-Brand new roof, lighting (inside and out), gutters
-New toilets and ceiling fans
-Atlanta Airport (ATL) 10.2mi
-Nearest Medical clinic and health center 2mi
-Kingdom University 1.4mi
-Kendrick Middle School 1.2 mi, Riverdale High School 1.6mi
-Local attractions include Massengale City Park, which is 2.9 mi away, and the Road To Tara Museum, which is 3.5 mi away
Turnkey FL Subto -15k Entry Fee / 4.75% Rate just Outside Jacksonville FL
PROPERTY DETAILS
-3br/2ba
-Build in 2010
-2,289 sqft
-11,000 sqft lot
-$70/m HOA
TERMS
-Total Purchase Price (including assignment): $397,491.50
-Entry Fee: $25k+ CC
-Includes $5k in arrears
-Cash to seller: $10k
-Assignment Fees: $10k
-EMD:$5000
SUBJECT TO TERMS
-Loan Balance: $382,491.50
-Rate:4.75%
-PITI: $2906.15 (4.75% / No Balloon)
PML TERMS
-2nd Mortgage $25k + cc
-$5,000 EMD to escrow Balance due at closing
-Interest Rate: 10% Interest Only
-IOP $250 (Balloon 60 months)
RECOMMENDED EXITS
-Wrap*
-Lease option**
-LTR: $1900 - $2200 (Zillow and Rentcast)
-MTR: $2800 (Furnished Finder)
-STR: NO STR
-Homestead
OTHER NOTES
-About $5000 in arrears - buyer responsibility at closing
-Turnkey property just outside Jacksonville, The Best exit strategy would be Lease Option or wrap to homestead buyer.
-Nearest Medical Center and Health Clinic 0.4 mi
-Near Elementary & high schools
-Near public markets and grocery stores 0.7mi
-Webster University 19.5mi
-Keystone Heights Airport 36.8mi
-Jacksonville Beach 40mi