Another Great Loan Investment in 2019!
Earn 12% Interest Per Year!
Invest $140,000.00 (Fees Included),TODAY,
and you will earn $1400.00 per month.
This a 3-year term loan.
That’s $16,800.00 per year!
That’s $50,400.00 for the term of the loan!
Property Loan Details
The borrower is requesting $140,000.00 to expand their BnB reservation capacity by adding two more rentable rooms, using an adjacent property, allowing them to handle booking overflows. This is a ($35,000.00) increase from their previously requested loan @ 12% for 3 years.
The previously loan allowed them to add a new swimming pool, renovate the kitchen and add a covered Yoga Deck.
Please see the photo galleries to really appreciate what they were able to accomplish with the help of a previous lender investment.
Amount Requested: $140,000.00 US dollars
Loan-to-Value Ratio: ~approximately 43%
Term Desired: 3 years
Construction Area: 135 m2
Land Area: 360 m2
Property Location and Description:
These improvements will allow them to charge a higher nightly rate, and by joint venturing, they will increase their income as well since they will have an increased capacity. We vetted their reservations and they are earning approximately $6000.00 in low season and $9000.00 in high season.
This is up from $5000 in low season and $7000.00 in high season from last year. They are currently sitting around $18,000.00 in reservations for December and January.
They have verifiable B&B records available for the interested lender!
This is a great loan opportunity!
RECENT PHOTOS OF PROPERTY AFTER INITIAL LOAN
BEFORE PHOTOS OF POOL/PATIO BEFORE INITIAL LOAN
PHOTOS DURING THE POOL CONSTRUCTION
INTERESTED IN RECEIVING FUTURE INVESTOR ALERTS?