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Exceptional Specialty Hard Money Opportunity
Location Washington,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2009
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Boxes are not representative of the deal.
Reason for Sale It's a great opportunity for you to leverage your cash and or financial statement.
Description We see an untapped niche in the hard money loan market. We have a way to tap into this niche & leverage off the asset value that we can create. We are looking for private parties with cash that are motivated by high yield.
As a direct hard money lender, the focus is project driven & based on the exit strategy of the funds & not on the borrower, security or location or the borrowers credit. It's a deal driven analysis based on yield. We do our homework and we focus on finding a way to make it work.
We create a joint venture with you, set up the business for you as your ''company'' & we manage it turnkey on your behalf as will be outlined in a management services agreement which creates ''passive income'' + allows you to claim ''active status'' for tax purposes. The joint venture is designed to pay a flat 18% cash on cash return short term, with principal rolled over at least 4 times in 370 days for an effective yield of 72%.
Cash funds are discretionary to us and for our use as a direct lender based on terms & conditions that we commit to for the project. You will not be in title to the funds, no escrow for the funds & no personal guarantee. What makes the business work economically, is that through a project escrow we are able to leverage off both technology & the ''hard money'' to create a much higher value by lending short term and rolling over the initial dollars.
It gets even sweeter. We are planning to create or tap into a default guarantee policy from an offshore insurance company where by payment of a premium we can assure performance. So if for whatever reason, a default does occur & is not cured, then the insurance company steps in, takes over our position and pays the yield. So in the worst case scenario, you get your money back.
A confidentiality agreement is required. The photo shown is for illustration purposes only.
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