financing
TRANSCRIPT
![Page 1: Financing](https://reader031.vdocuments.site/reader031/viewer/2022022415/577ccf551a28ab9e788f7dd3/html5/thumbnails/1.jpg)
Seller Information
Lender Name: Heather
Lender Company: Private Lender Link
Lender’s Address 115 E Travis St #1039, San Antonio, TX 78205
Lender’s Phone Number: (888) 815-3651
Loan Information
Loan Amount $105,000
Interest Rate 15%
Term in Months: 12
Maturity Date: April 2015
Points 3.5
Total Investment (w/ interest) $120,750
After Repair Value (ARV) $150,000
Loan Summary
The listing price of this home is $139,000. We will receive a loan from a hard money
lender for $105,000 at a 15 percent interest rate, plus 3.5 points (3,675). We will offer
100k cash to the current homeowner, and plan to put in an extra $5,000 into property
repairs. After repairing and renovating the home, we will put the home back on the
market at a price around its ARV, $150,000, in time to turn a profit and pay the hard
money lender back with the year.
![Page 2: Financing](https://reader031.vdocuments.site/reader031/viewer/2022022415/577ccf551a28ab9e788f7dd3/html5/thumbnails/2.jpg)
Seller Information
Lender’s Name: Heather
Lender’s Company Private Lender Link
Lender’s Address: 115 E Travis St #1039, San Antonio, TX 78205
Lender’s Phone Number: (888) 815-3651
Loan Information
Loan Amount $113,400
Interest Rate 15%
Term in Months: 12
Maturity Date: April 2015
Points: 3.5
Total Investment (w/interest) $130,410
After Repair Value (ARV) $162,000
Loan Summary
The listing price of this home is $152,000. We will receive a loan from a hard money lender
for $113,400 at a 15 percent interest rate, plus 3.5 points (3,969). We will offer $108,400 cash
to the current homeowner, and plan to put in an extra $5,000 into property repairs. After
repairing and renovating the home, we will put the home back on the market at a price
around its ARV, $162,000, in time to turn a profit and pay the hard money lender back with
the year.
![Page 3: Financing](https://reader031.vdocuments.site/reader031/viewer/2022022415/577ccf551a28ab9e788f7dd3/html5/thumbnails/3.jpg)
Seller Information
Lender Name: Heather
Lender’s Company Private Lender Link
Lender’s Address: 115 E Travis St #1039, San Antonio, TX 78205
Lender’s Phone Number: (888) 815-3651
Loan Information
Loan Amount $114,800
Interest Rate 15%
Term in Months: 12
Maturity Date: April 2015
Points 3.5
Total Investment (w/interest) $132,020
After Repair Value (ARV) $164,000
Loan Summary
The listing price of this home is $154,000. We will receive a loan from a hard money
lender for $114,800 at a 15 percent interest rate, plus 3.5 points (4,018). We will offer
$109,800 cash to the current homeowner, and plan to put in an extra $5,000 into
property repairs. After repairing and renovating the home, we will put the home back
on the market at a price around its ARV, $164,000, in time to turn a profit and pay the
hard money lender back with the year.