Receive monthly interest payments AND an end of deal bonus! Seeking LOAN for unique Texas property purchase

Unfortunately this project hasn't been funded on time!

Property Details

  • Time to Build
    NA
  • State
    Texas
  • County
    Bowie
  • City
    Texarkana
  • GPS
    33.43028006, -94.10953977
  • Curent Zoning
    Residential
  • General Elevation
    298
  • Taxes
    $40.91 (32.62 + 8.29)
  • Conveyance
    Title
  • Sewer
    Available at property line
  • Parcel Size (in acres)
    9.377 + 2.385 = 11.762
  • Zip
    75501
  • Title Info
    Held under current owner
  • Access
    Paved road access to property line
  • Terrain
    flat, gentle sloped in areas, lightly treed
  • HOA Fees
    none
  • Power
    Available at property line
  • Water
    Available at property line
  • Phone
    TBD

Transaction Details

Total Transaction Purchase Price (including closing costs): $41,175 purchase price + 1325 title/closing costs = 42,500
Anticipated Sale Price: $Monthly interest payments of 637.50 + end of financing bonus of 1,275 upon sale of property or 12 months (whichever comes first)
Anticipated Transaction Completion Time (cash in to cash out for equity partner): Financing deal will complete upon sale of property or 12 months, whichever comes first
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100 %
Equity Partner Profit Split: Monthly interest payments of $637.50 + end of financing bonus of $1,275 upon sale of property or 12 months (whichever comes first)%
Anticipated Budget: $if 12 months on market, total interest payments of 7,650 + end of financing bonus 1275 = 8,925

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