If you need capital to start, grow, or expand your business and you want to get it fast without risking your personal assets, taking on partners, or qualifying at a bank there is a way you can do it even in today's tough economy.
I'm a direct private money lender for real estate and business expansion. I arrange private money loans, bridge loans and land loans for commercial properties, residential properties, apartment buildings, industrial properties, mixed use properties and more. I'm open to equity, investment and cash flow deal as I seek for great entrepreneurial spirit.
$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 units 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 Incase I’m not able to pay you back in any way you would be legally able to take over the property. Casualty Insurance incase 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’m die my operating agreement would pay my private money investors off with the proceeds.
Commercial enterprise, profession, or trade operated for the purpose of earning a profit by providing a product or service; also called business enterprise.
Hi, Aaron. Where do you lend? More and more investors are now turning to private lenders since banks are so uptight. Maybe we could work together on some things.