Investment Properties in Arkansas
4303 Arehart in Little Rock, Arkansas
Be a Money Partner with me on this deal in my market. I do all the work. Plus I’ll show you the ropes!
Offer: Property as collateral for a private money loan of $65,000 @10% interest-only payments for 6-12 months. 70% LTV
Payments: Monthly interest-only payments of $541.67 for 6-12 months
Collateral: Newly remodeled property with the resident in place paying rent of $850/mo. The property has new flooring, fresh paint, and in retail condition.
ARV: $93,000
Repair: None required, the property has a lease signed for $850/mo
Additional Notes: Doing buy and refi strategy. I will refinance into long term institutional debt within 6-12 months.
You can lend from your self directed IRA, Solo 401k or personal cash accounts. If you are unfamiliar with the process I can walk you through the lending documents.
You will get
- a promissory note detailing payment details
- a recorded mortgage to secure your collateral
- lender’s title insurance
- 10% No hassle return on your money
All you have to do is cash the checks!
Email me at paul@wincorehomes.com or call/text me at 501.831.6919