Seeking Private Money Lender $106,000 for 6 months @ 18%
This is for a Town Home for renovation, $106,000 purchase price, first lien position!
🌟 Property Details
📍 Address: 65 A Red Mill Rd, York Etters , Pa , 17319
🛠️ Built: 1956
📐 Living Space: 1,312 Sq Ft
🛏️ Bedrooms: 4
🛁 Bathrooms: 2
Type of Property: Townhome
Exit Strategy Fix and Flip
Purchase Price: $106,000
After Repair Value (ARV): $170,000
Closing Escrow Date: July 26th, 2024
Length of Loan: 4-6 Months
Property has purchase agreement and EMD submitted.
Construction funds and reserves are already available by borrower (not another lender).
EXPERIENCED Fix-n-Flip borrower, 5 deals in the past 12 months - we have the HUDS to prove it!
Link to the Comp 1
https://www.realtor.com/realestateandhomes-detail/61-Privet-Dr_Etters_PA_17319_M39160-24876
Link to the Comp 2
https://www.realtor.com/realestateandhomes-detail/19-Mall-Rd_Etters_PA_17319_M49551-04790
Link to the Comp 3
https://www.realtor.com/realestateandhomes-detail/77-Privet-Dr_Etters_PA_17319_M39260-49415
Title Company Name: Walters and Galloway attorney
Title/Escrow Contact: Susan Houck
Title /Escrow Phone Number: 717-697-4700
📞 For Further Inquiries, Contact: SHANE 214-578-9762 - call or text me
✉️ Email: Shane@RiverLifeHold.com
Seeking Private Money Lenders for business acquisition funding!!
$30,000 minimum - no maximum
Non-accredited investors allowed!
🌟 Opportunity Details
💵Funds Needed: $2,800,000 for business acquisition
💰Return: 1.33% per month (16% annualized) paid at exit
Term: 4-6 months
●Purpose of Funds: To facilitate the closing of a marketing agency business acquisition.
● Loan Type: Transactional exit-based bridge loan
● Lien Position: Senior secured, providing a priority claim on the assets of the
borrower in the event of default.
● Protection: A Uniform Commercial Code (UCC-1) financing statement will be filed with the
appropriate state authorities. This filing provides public notice of our lien on the
borrower's assets, ensuring that our interest is perfected and prioritized ahead of
other creditors.
● Funding Date: 8/1/24
● Exit: refinance via the Small Business Administration (SBA) as the long-term
lender.
Deal Financials:
● Profit and Loss
o 2023
▪ Income: $1,659,579
▪ COGS: $413,596
▪ Gross Profits: $1,245,983
▪ Expenses: $462,008
▪ Net Operating Income: $783,975
o 2024 (Through April)
▪ Income: $518,772
▪ COGS: $87,540
▪ Gross Profits: $431,232.90
▪ Expenses: $30,898
▪ Net Operating Income: $400,334
Evervested Capital Solutions will serve as lead lender responsible for originating and
servicing the loan and managing the borrower relationship.
Pitch Deck: Evervested Pitch Deck with QR code.pptx
For Further Inquiries
📞 , Phone or TEXT: 214-578-9762
✉️ Email: Shane@RiverLifeHold.com
*Disclaimer - Closing costs are determined by the title company and cannot be controlled by the assignor. Any discrepancies of closing costs will not be negotiable. Seller property taxes will not be prorated at closing. Buyer to do ALL OF YOUR OWN DUE DILIGENCE. This is your investment as the buyer.