Please Read Carefully!! Investment opportunity!!
Fantastic Investment Opportunity!!!
First about me, my name is Paul Turner I’m 21 and started up my own Real Estate company on November 18 2009 Biinvestings, LLC. The reason being I am active investing in commercial real estate “apartment complexes” nationwide. My goal this year is to 100 one hundred unit complexes.
The deal I’m currently working on is a 96 unit apartment complex in IL. Details on the property will be disclosed if you email me a request or call.
What I’m looking for is either ah partner or investor could be you get all the equity and I get the income. I know with deal, the first 6 months I won’t be making much of a profit with this approach. I have tried my best to mitigate the risk.
Here’s what I came up with so far:
What I need
$10,000.00 for earnest money deposit. $25-$30,000.00 for 3rd party fees that include: Title Company, attorney fees, appraisal, Phase 1 environmental and closing costs.
Property Information
96 unit’s apartment complex Illinois purchase price $2.45 million subject to appraisal. Class "C" type buildings. Gross $530k+ NOI $280k+.
What I'm offering
$5,000+ every month for 6 months with a balloon payment of $100k investment plus 25%-70% in equity at the end of 3-5 years.
How you get paid
Investor being put on 2nd on the property for a collateralized lien In case I’m not able to pay you or default in any way you would be legally able to take over the property. Casualty Insurance in case the property catches on fire or floods etc. Business Loss Insurance for up to 12 months this would pay for any income loss to Casualty’s that might befall the property. Key Man Life Insurance put into my company operating agreement if I pass away my operating agreement would pay my private money investors off with the proceeds.
So if there are any questions or comments please email or call me directly thank you.
Paul Turner
Binvestings88@gmail.com
262-605-1377
Biinvestings, LLC
First about me, my name is Paul Turner I’m 21 and started up my own Real Estate company on November 18 2009 Biinvestings, LLC. The reason being I am active investing in commercial real estate “apartment complexes” nationwide. My goal this year is to 100 one hundred unit complexes.
The deal I’m currently working on is a 96 unit apartment complex in IL. Details on the property will be disclosed if you email me a request or call.
What I’m looking for is either ah partner or investor could be you get all the equity and I get the income. I know with deal, the first 6 months I won’t be making much of a profit with this approach. I have tried my best to mitigate the risk.
Here’s what I came up with so far:
What I need
$10,000.00 for earnest money deposit. $25-$30,000.00 for 3rd party fees that include: Title Company, attorney fees, appraisal, Phase 1 environmental and closing costs.
Property Information
96 unit’s apartment complex Illinois purchase price $2.45 million subject to appraisal. Class "C" type buildings. Gross $530k+ NOI $280k+.
What I'm offering
$5,000+ every month for 6 months with a balloon payment of $100k investment plus 25%-70% in equity at the end of 3-5 years.
How you get paid
Investor being put on 2nd on the property for a collateralized lien In case I’m not able to pay you or default in any way you would be legally able to take over the property. Casualty Insurance in case the property catches on fire or floods etc. Business Loss Insurance for up to 12 months this would pay for any income loss to Casualty’s that might befall the property. Key Man Life Insurance put into my company operating agreement if I pass away my operating agreement would pay my private money investors off with the proceeds.
So if there are any questions or comments please email or call me directly thank you.
Paul Turner
Binvestings88@gmail.com
262-605-1377
Biinvestings, LLC
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