- Talkin' REI
- Posts
- We all know Medical is booming! Take a look at this deal!
We all know Medical is booming! Take a look at this deal!
Thank you for your support as I move to new communication format.
Coach H- Talkin'REi
June 27, 2024
I hope this email finds you well. I wanted to take a moment to thank you for your continued support and interest in my real estate endeavors. Whether you've signed up for our deal updates, done business with us, or know me personally, your involvement means the world to us.
We're thrilled to announce that we are transitioning to a new and improved newsletter format. Our goal is to provide you with even more value and insights into the real estate market. You can look forward to receiving our newsletter with new deals, typically posted on Thursdays, along with a couple of real estate-related articles throughout the week to keep you informed and ahead of the game.
As always, your privacy and preferences are important to us. If at any point you wish to unsubscribe, you can easily do so by clicking the link at the bottom of this email.
Thank you once again for your support. We look forward to continuing this journey with you and helping you stay informed and successful in your real estate ventures.
And now the DEALS…
Summary: Exciting new opportunity to be involved in the purchase of a 297 Bed medical center on 10 acres. The property is located in Missouri. This property is already under lease agreement (10yr) with a $500,000 deposit made by the tenant and a commitment to $1500 per bed or $447,000 per month.
Purchase Price: $9,900,000
Loan Requested: 1st position 5million to 6.5million
Loan Length: 1 year with a 6 month extension
Exit Strategy: Purchase, Rehab to tenant specifications then refinance when seasoned.
Current Appraisal: 32+ million
Lease: 10 year lease signed
Debt Option
14 to 15% interest (interest only paid quarterly)
12 months 6 month extension
6 month guaranteed
Closing Date: ASAP - Time is of the essence.
If interested in more details on project including:
Appraisal,Title insurance,Title report,Borrower info
Please Reply to this email or click button below.
UPDATES ON PREVIOUS DEALS
Portland lots have been financed. Thank you!
West Linn, OR project is taking back up investors. Email if interested. Thank you!
West Linn, OR Development Project
-Seeking to raise final 200K to add to our 1.8 million already raised. (500K raised since last email.)
-1st position loan at approx. 40% loan to value
-6 to 8 month loan (remaining) with 6 month extension
-15% interest to investors (interest paid monthly)
-80% of lots under agreement
-100k min (will consider less if cash)
PROJECT UPDATE: Project is humming along and has passed through several committee meetings without a hitch. Attached is a nice little write up in the local newspaper.
Finance 2 lots Portland, OR
Seeking 175k loan
12 month loan with 6 month extension
16-17% interest
Collateral: 1st position on the 2 lots
Estimated Value: 325k to 350k
Borrower seeks to refinance lots and exit with a bank construction loan. Up to 7 units allowed on lots. Possibility to cross collateralize a portion of loan on another property.
/
Reply