Al ruiz
Bridgeport, CT (USA)
Role(s):
Founder/Owner/Principal
ARZ
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Startup
Location:
Bridgeport
Industry:
Real Estate
Year Founded:
2015
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Not Incorporated
Description:
I have 2 to deals to finance:
1st Deal Im looking for a private money lending investor to 100% finance to close on a $1million 20 to 30
unit apartment complex building commercial deal .
Real estate in commercial building is the safest way to invest why the asset stays in value meaning
if finance for $1m i will put it on the market for sale for $2,500,000 but having no interest to sell it
but if some one wants to buy it then that would be a $1,500,000 in profit paying off all the loan
& extra in interest & if sell a profit percent to you the joint/partner.
so the purpose is the generate $20,000+ a month in residential income paying back
the loan & more in open optional agreements & I do all the work on the property
1st, deal is a 20 unit multifamily apartment complex building commercial.
$700,000 4% interest rate $3,342 monthy loan payment term 30 years
net income $126,000 - yearly loan $40,104 loan year
yearly income profit $85,896 + Monthly income profit $7,200
2nd,
Deal is a 6 unit Multifamily Property for $190,000
loan $190,000 at 4% interest rate $907 monthly payment loan term 30 years
net yearly income $46,500 $10,884 yearly loan payment
yearly income profit $35,616