SOLD: Fresno Duplex
Price: $165K. Rehabbed.
Rents are $650 (long term stable, tenant) and $750 on the other side. Each unit has dedicated garage.
Debt Financing. SFR. 12% 6 to 12 months.
Purchase Price: $44,000
Seeking 75% of ARV ($60,000) First position lien.
Experienced rehabber with over 10 years of experience.
FRESNO 6 PLEX
List Price: $585,000.
Offer Price $550,000
6-Plex Consists of 2
Bed & 2 bath units with private patio area
Debt Financing. SFR. 12% 6 months.
Purchase Price: $49,000
Seeking 60% of ARV ($80,000) First position lien.
Equity Financing. SFR. 25% approx.
Seeking a 122K equity loan for a great rehab that has significant upside.
UPDATE: Shovel ready merced
Purchase Price: $3.1M.
89 lots ready for new homes in a hot market with demand for new homes. Ideal for an experienced developer looking to expand into Central Valley.
Bank accounts, CD's, Bonds are now paying less than 1% annually. Inflation is running at approximately 3-4%. The Big Banks are literally stealing your money. Our Sponsors offer any where between 10-12% on investments secured by real estate. Our Sponsors have skin in the game. Can your Big Bank say that?