value making this investment opportunity both lucrative and low risk.

Debt investment is sought to complete the project, in combination with sponsor investment. Your investment will be secured directly by the real estate property as collateral. The principal in the venture has strong credit and income. Our legal team will draw up the note agreements per these terms once we have committed investors.

The project term is estimated at 10 months and offers a preferred rate of return of 9% paid monthly over the course of the project timeline. At the end of the renovation, the property will be re-financed with a conventional mortgage. At which time, investors will receive an additional 5% dividend. Key financials are included below and can be provided in an investment summary document if interested.

PROJECT SUMMARY:

Total investment needed: $1,081,621

80% LTC, 62% LTV

Secured loan

Annualized return: 9% (paid monthly, interest only)

Dividend upon re-finance: 5%

Estimated project timeline: 10 months

Estimated total project return: 12.50%

Estimated total disbursements: $135,203

Total project cost: $1,352,026

Sponsor investment: $270,405

Estimated after renovation value: $1,740,000

Estimated net proceeds from re-finance: $208,379

Estimated net equity after renovation: $372,974

We are open to a single investor or multiple investors in a syndicate. Minimum investment is $100,000.

The team brings over 10 years of experience developing in the New York area including long-time established relationships with construction, management, expediting, interior design and brokerage partners.