Seeking Private Investor in Seattle, Washington For Sale
Price: $25
Type: Real Estate,
For Sale
- Private.
Are you interested in joint ventures? I am looking for a private investor to invest $25,000 on a fix and flip. In return, 10% interest only payment for up to 6 months. Upon sale, balloon payment of $25,000 plus 10% net profit. Your investment would be secured by real estate property as 2nd position. Here are the details:
Purchase Price = $222,500
Repairs = $55,000
ARV = $365,000 (Conservative number as appraisal came back at $410,000)
Potential Net Profit (after carrying costs, closing costs, and expenses) = $50,000
This would net you $5,000 profit. First come, first serve. Please contact me for additional details if interested.
Thanks