Earn 10 to 15% from by investing in notes secured by mortgages on single family homes in Palm Beach County, Florida.
While Florida may be one of the hardest hit markets in the country, some markets in Florida offer some of the best opportunities. Equity 24, LLC and affiliated entities are purchasing homes at discounted prices from the banks or distressed homeowners. We then fix them and either rent them for cash flow or sell them for a quick profit.
Equity 24, LLC is offering sophisticated investors the opportunity to make a secured acquisition loan at a conservative LTV, earn a 10% interest rate and participate in the upside from the value created through renovation. Yields on some projects (to the investor) have been as high as 15% per annum. Of course results will vary and the past successes do not guarantee future results.
Typically a hundred properties are considered before a handful are selected for analysis and before a single property is purchased. Careful market analysis is conducted with an emphasis on market liquidity, neighborhood desirability, physical condition, rehabilitation costs, and potential rental income and most importantly, the after repaired value of the home.
When making a loan you not only need to be comfortable with the property, but you also need to look at the experience, track record, local knowledge and integrity of the person you are lending to. Terry Strongin of Equity 24, LLC will stand up to your most in depth scrutiny.
The principal of Equity 24, LLC has 25 years of successful experience in all aspects of real estate including investments, development, lending, capital formation, property management and brokerage and holds real estate broker licenses in both the State of Florida and California. Additionally he was head of lending for a large NYSE listed REIT.
Please fill out the contact form to receive details concerning our next acquisition.
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