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Great pvt lending opportunity that will pay pvt lender 15% per year plus 5 points.

Well secured by 1st lien Deed of Trust on residential property appraised @ $450,000.

It's being purchased for $275,000 and buyer, a licensed contractor will spend $50,000 for some needed repairs that will then make house worth $450,000 and let borrower refi with new long term institutional loan.

Borrower needing $150,000 for one year @ 15% plus 5 points to be paid lender at funding, plus borrower will pay all title, escrow costs including fee to our company.

Borrower will have too much of his own money into it to allow foreclosure and our underwriting tells us he WILL be able to refi when his work on house is finished.

If you want to make 15% plus, contact us immediately as this one won't wait.

JM

 

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