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$140,000 BnB Equity Loan Santa Teresa

$140,000 BnB Equity Loan Santa Teresa

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?

SIGNUP TODAY!

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