Project Description
4911 E Hanna Ave, Tampa Fl
WLW Capital (“WLW”) provided a fix and lease loan to an experienced real estate investor. Borrower plans to make major improvements to the property using their own capital, including a re-roof and HVAC replacement. The borrower intends on completing the remodel within the first 2 months of purchase before leasing the property out for monthly cashflow.
Copy and Paste the Link Below for more information on this loan offering: https://drive.google.com/drive/folders/1bfpukUo8wyOzpG2l7XfQGociiHx3v8TH?usp=sharing
Asset Value: $70,000
Loan Amount: $38,200
Loan to Value: 54%
Term: years
Type: Fix and Lease
Maturity Date:
Prepayment Penalty: None
Interest Offered To Participant: 8%
Purchase Price: $65,000
Cap-X Budget: $22,000
Other Costs:_____$8,500_________
All In Basis: $95,500
After Repair Value (ARV):__$115,000______________
Investment/Participant Opportunities:
WLW Capital is offering the following incremental participation opportunities:
25%- $9,550
50%- $19,100
75%- $28,650