LX  Investor Network                                             201-822-1884
Mortgage Investments
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Current investment 1
Mortgage loan with a fixed profit share bonus

Here is a current investment summary. As always, please respond quickly.

  • Investment type: Mortgage loan with profit share bonus
  • Purpose: Flip only (no rehab), and resale of a 2-family property. Location: 07103
  • Funding: 65% of Appraised Resale Value
  • Borrower: Experienced developer, property manager, and re-seller.
  • Estimated project time: 6 months
  • Maximum project time: 12 months
  • Investment amount: $215,000 (Take all, or part in pari passu)
  • Profit share for cash investments: 1.00% per month + 5% bonus at time of exit
  • ROI: Projected return on investment, Internal Rate of Return (IRR): 23.3%    
  • Security: First mortgage  
  •                               
Let me know if you have any questions/interest. The full information package (including appraisal) is available now.

                                            
   
Check the Investment Summary


The full information package (including appraisal) is available now. Let me know if you have any questions/interest. Thanks, PL.


                                           

 


Paul Luykx, CEO
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