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At A Glance

This is an opportunity to invest in a portfolio of five distressed SFR properties located in the Greater Cleveland Ohio area.

    Key Deal Points

    Preferred equity is senior to Sponsor's common equity

    Sponsor does not intend to take out any debt on the properties

    Target of a 14% annualized return for preferred equity holders

    Anticipated Monthly pro-rata distributions to preferred equity holders based on earnings

    Properties will be acquired at a discounted cost

    Investment Summary

    Investment Summary

    • Distressed Properties, with value-add potential, located in stabilized neighborhoods.
    • Purchase price: $362,425
    • Equity Offering: $326,000
    • Targeted annualized return of 14%
    • One (1) year hold period
    • Monthly preferred equity distributions provided there are earnings
    • Strong sponsor with over 1000+ successful residiental rehabiliations
    • Sponsor has committed to funding at least 10% of the project

    The funds will be used to acquire, renovate and lease five REO single family homes (the “Properties”) located in the Greater Cleveland area. The total project cost includes the purchase price, renovation, holding, and closing costs associated with the Properties.The Project Entity has either purchased the properties or entered into contracts to purchase the 5 REO properties. Once the Properties are purchased and have closed, the Project Manager will begin renovating the properties with the focus on quality, efficiency, and rentability. At this time, the Project Manager expects to close on its acquisition of all homes within 30 days of funding.Once the Project Manager completes the renovations, the homes will be marketed for rent using several well-known rental listing sites. Once the Properties are fully occupied the Project Entity will either refinance the properties to return the capital invested in the project or sell the properties to an investor, long-term, to return the capital. The Project Entity is projecting they will refinance or sell the properties no later than 365 days after the project has been funded.

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    Sign up today to learn more about this offering and to gain access to the rest of our investment opportunities. We don't require the kind of large investments that have traditionally closed off the world of real estate investing. Instead, anyone who is qualified is allowed to invest, often with as little as a $5,000 minimum investment.

    Sign Up

    Already a member? Login to your account