Sample Deals
Deal #1
Renovation Photos of a House That Private Money Built
Purchase and renovation projects can range from simple cosmetic updates to major renovation and/or re-building.
These photos show an extreme example. It made sense to redesign and renovate this property due to the values
in the area and the experience level of the borrower.
Here you see the progression from the beginning to end, with the borrower borrowing all the funds necessary for
the purchase and renovation of this project.
| Here's the deal: |
| |
Original Purchase Price: |
$85,000 |
| |
Estimated Renovation/Addition Expense |
$35,000 |
| |
Estimated After Repaired Value: |
$175,000 |
Here's the actual numbers: |
| |
Total Funds Borrowed: |
$120,000 |
| |
Term of Loan: |
12 Months |
| |
After Repair Value per Appraisal: |
$175,000 |
| |
Lender Earned: |
$10,350.00 |
HIGH RETURNS WITH NO WORK!
Deal #2
Some properties don't need any major repairs,
just some cosmetics and marketing.
| Here are the numbers for this deal: |
| |
Purchase Price:
(Existing Loan Payments Taken Over) |
$105,000 |
| |
Cost of Repairs: |
$2,500 |
| |
Amount Borrowed:
(For Fix-up and Payments on Underlying
Loan During the Repair and Marketing Process) |
$10,000 |
| |
Term of Loan: |
12 Months |
SOME DEALS ONLY REQUIRE A SMALL CASH LOAN
If you have a small sum to loan, this type of deal may be right for you.
