Hello, my name is Owen Hogarth; I am a seasoned real estate investor buying commercial properties properties at deep discounts to the market value 75% or less. This private lending opportunity consists of a 10-12% annualized interest rate loan that will be placed on the property at the time of purchase.
Loan highlights are as follows:
- First Position Loan
- Secured by Note & Deed of Trust.
- 10-12% interest rate – monthly or quarterly interest payments.
- Loan created by Escrow Agent – all properties are purchased with title insurance.
- Lender is named as beneficiary on Hazard Insurance.
- Loan is made on deeply discounted properties purchased at 60-75% of current market value.
- 75% LTV loan value.
- Loan term of 12 months to 36 months.
Property Value: $800,000
Purchase Price: $470,000
Please contact Owen at 415-830-5970 for further information and investment opportunities.
Equity investment partner opportunities are also available. 12 month to 7 year holds, with annualized returns of 15-30%.