Russell Warren
Olathe, KS (USA)
Role(s):
Founder/Owner/Principal
Warren Enterprises, LLC
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Startup
Location:
Olathe
Industry:
Real Estate
Year Founded:
2002
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
I have an affiliate company that screens hard money deals and provides better than average ROI with little risk. I am a Soldier, so I do not have money to employ in this venture, but am looking for a partner so we can both make solid returns. I expect to make a nominal 15% ROI and will provide you up to 90% equity for a sizable investment. The more invested, the higher equity share I am willing to offer. I would like to set it up for a set term and then return your principal and earnings.
The private lending markets have never been as active as they are now. There is high demand and moderate supply, so there are plenty of deals to go around. My goal is to lend in multiple smaller deals <200K that will flip in six months. Just to clarify, I would not do the flips, just fund other investors that will. Many of these deals already have an end buyer and those that do not are screened to ensure the comps make the selling exit strategy plausible before a dime is lent.
For my current business status, I am about to close two deals in less than a month that will net me between 30-40K. However, I am highly leveraged as I used personal credit to start this and now cannot obtain commercial financing. I have positive Paydex scores, but still cannot get credit without personal guarantee. There loss is your potential gain. As a Soldier, my word is my bond. Thus when I say I am looking for a true partner, I mean that. I am looking for someone who is willing to tire up their money for 10-20 years and earn 9-13.5% At the high end of 13.5%, you would earn better than the historical market average and I know a few tricks to defer taxes to improve your long term returns.