Seeking Private Investors (Philadelphia)

California Posted 7 days ago financial services

About This Service

I acquired a residence in the highly desirable Point Breeze neighborhood of South Philadelphia for two hundred thirty-five thousand dollars. The property is a three-story row home featuring four bedrooms, four bathrooms, and approximately two thousand square feet of living space. Following renovations costing one hundred twenty-five thousand dollars, comparable property analyses indicate a projected value of five hundred fifty thousand dollars.

I am currently seeking an investment of fifty thousand dollars to be allocated toward the renovation expenses. I will manage all aspects of the process, including the rehabilitation, the eventual sale, and/or refinancing, ensuring this remains a completely passive investment for you.

Your investment will be protected by a promissory note and a formally recorded deed of trust. I am offering a twelve percent return on investment, payable upon exit.

My exit strategy involves selling the property as a flip within six months. Alternatively, I will pursue refinancing once the renovation work is finished. I anticipate the construction will be completed in under six months. Upon the sale of the property, you will be the first party to receive payment.

If this opportunity aligns with your interests or you would like to obtain further details, please feel free to contact me at any time.

Contact Information

  • Name: Pat
  • Phone: 973-449-0751

Location

M
Kathryn Jimenez
Member since 2015
★★★★ (4.2)

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