Real Property Money Associates has an online outreach program where we seek investors and partners to join with in other states across the country.
If you are an experienced real estate investor we’re interested in connecting with you. Here is what you get from us:
– We have relationships with our investment partners that have lasted over 25 years. Together, we have invested over $125,000,000 in small/medium size bridge loans on commercial, multifamily, mixed use and specialty use properties.
– We have experienced underwriters. We use multiple criteria to determine a lendable situation. We never lend more that 60% of the as is value or more than 50% on the completed value of any property.
– We always do our due diligence. We look at the overall indebtedness and credit worthiness of every borrower who must also have a valid exit strategy (usually within 12 months) for every deal.
If the above describes the type of RE partner you’re interested in then perhaps we should connect…
**Right now, Real Property Money Associates are looking for investors/partners far and away…
First: We’re looking for investors who want to buy local distressed and “under valued” properties in the greater NY area. Then take those properties and use a buy, renovate and rent/hold business plan.
Second: We want to aide investors around the nation looking for funding for their local projects. These projects can be buy and hold or fix and flip options. They can even be strictly funding or refinancing deal as well.
Our Simple Buy/Hold Strategy Explained:
#1 Find distressed properties earmarked for a 20% to 30% return.
#2 Put down 50% up front and borrow the other 50% at a rate of 10%-12% annually (approx. 1% per month during the renovation phase).
#3 We refinance within 9 months and make 20-30% on the initial equity. Then we pick up the spread on the borrowed funds at 9% and net an additional 11%-21% off the loan…
This makes our entire ROI 30-40%. This is very doable. We’ve done it before and with this strategy we can either hold the property or sell and still see big numbers on the back end.
If reading the above strategies and opportunities gets you excited to work with us then give us a call or at the very least leave your email. We’ll get back to you ASAP.