PRIVATE NOTE LENDING opportunities
You become a small “Bank of America” allowing ease of transactions for your capital to do exactly what you want, working for you. Many private note lenders are former investors and developers, trading secured notes for tenants and toilets.
Private Deed Notes range from 8 to 22% annual interest
Terms from six months to 5 years.
Featured Opportunities
BALLARD FOURPLEX
High-income fourplex in the heart of Ballard.
Newly renovated with great cash flow
LOAN AMOUNT: $1,300,000
RENOVATED VALUE (ARV) $2,150,000 (recent appraisal)
TERM: 18 Months @ 8.5% and 2.5 Points
MONTHLY PAYMENT: $8,000
$140,000 annual Gross income
MEZZ TRUST DEED AVAILABLE
Value-Add Apartment project
Core Location b+ Category
LOAN AMOUNT: $300,000
TERM: 18 Months @ 12% paid 1% monthly @ $3,000
8 points ($24,000) paid on maturity
laurelhurst
single-family
VIEW DETAILS
LOAN AMOUNT: $1,500,000 56% (ARV)
AFTER RENOVATION VALUE (ARV) $2,695,000
TERM: 6-Months @ 10% and 2 Points
MONTHLY PAYMENT: $12,500
Automatic 3-month extension for 2 Additional points*
The ownership group is renovating the existing interior top to bottom with high-end luxury finishes and update the exteriors and landscape within the next 3 months.
The ownership group will elect to sell the finished 5 bedrooms, 3 bathroom home with Mother In Law apartment at top market rate to the end-user for $2,695,000.
GREENLAKE
duplex
VIEW DETAILS
LOAN AMOUNT: $1,000,000
TERM: 12-Months @ 10% and 2 Points
AFTER RENOVATION VALUE (ARV) $1,600,000
MONTHLY PAYMENT: $10,000.00
Automatic 6-month extension for 2 additional points*
The ownership group will renovate the existing duplex from top to bottom with high-quality modern finishes and utilize the remaining lot square footage to build a second duplex.
The ownership group will elect to lease finished units at market rate, stabilize and
refinance keeping them in the portfolio as a long-term hold grossing $60k in annual income.
bothell
single-family + 3 short plat
VIEW DETAILS
LOAN AMOUNT: $1,000,000
AFTER RENOVATION VALUE (ARV) $2,500,000
TERM: 12-Months @ 10% and 2 Points
Automatic 6-month extension for 2 additional points*
The ownership group will renovate the existing structure and short plat three additional lots from the primary lot and develop the homes via a vertical construction refinance.
Maple leaf
Single-Family + DADU
VIEW DETAILS
LOAN AMOUNT: $1,000,000
AFTER RENOVATION VALUE: $2,495,000 including Detached Accessory Dwelling Unit
TERM: 9-months @ 10% and 2 points
Automatic 3-month extension for 2 additional points*
MONTHLY PAYMENT: $6,670.00
The ownership group intends to renovate the existing structure, update the interior/finishes of the house and complete any unused square footage to include an ADU in the basement within the next 9 months. The ownership group will elect to sell the finished 5 bed, 3 bath home at top market rate to the end-user for $1,495,000. DADU will be completed and sold in Phase II .
QUEEN ANNE
sINGLE-FAMILY
VIEW DETAILS
LOAN AMOUNT: $800,000
AFTER RENOVATION VALUE: $1,500,000
TERM: 9-months @ 10% and 2 points
Automatic 3-month extension for 2 additional points*
MONTHLY PAYMENT: $6,670.00
The ownership group will plan to renovate the existing interior top to bottom with high-end luxury finishes, update the exteriors and landscape within the next 6 months. The ownership group will elect to sell finished home at top market rate to end-user.
TACOMA
SINGLE-FAMILY
VIEW DETAILS
LOAN AMOUNT: $400,000
TERM: 6-months @ 10% and 2 points
AFTER RENOVATION VALUE (ARV) $595,000
Automatic 3-month extension for 2 additional points*
The ownership group intends to renovate the existing structure, update the interior/finishes of the house and complete any unused square footage. The highest and best use for this property is to renovate the entire property and resell it at top market value to an owner occupant.
MAGNOLIA
Single-Family
VIEW DETAILS
LOAN AMOUNT: $1,000,000
AFTER RENOVATION VALUE (ARV) $2,500,000, including the Detached Accessory Dwelling Unit.
TERM: 12-months @ 10% and 2 points
Automatic 6-month extension for 2 additional points*
The ownership group intends to renovate the existing structure, update the interior/finishes of the house and complete any unused square footage to include an ADU in the basement within the next 9 months. The ownership group will elect to sell the finished 5 bed, 3 bath home at top market rate to the end-user for $1,495,000. The DADU will be completed in Phase II.
MAGNOLIA
sINGLE-FAMILY
VIEW DETAILS
LOAN AMOUNT: $900,000
AFTER RENOVATION VALUE (ARV) $1,695,000
TERM: 6-Months @ 10% and 2 Points
MONTHLY PAYMENT: $7,500
Automatic 3-month extension for 2 Additional points*
The ownership group is renovating the existing interior top to bottom with high-end luxury finishes and update the exteriors and landscape within the next 6 months.
The ownership group will elect to sell the finished 5 bedrooms, 3 bathroom home with Mother In Law apartment at top market rate to the end-user for $1,695,000.
ground-up new construction
Bothell
4 Home Development
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LOAN AMOUNT: $1,000,000
TERM: 24-month term @ 10% and 6 points
12-month extension for 2 additional points*
The ownership group will tear down the existing structure and build four high-end homes
and sell at top market value. Total finished value is $9,000,000.
greenlake
townhomes
VIEW DETAILS
LOAN AMOUNT: $1,000,000
TERM: 12-month @ 10% and 2 points
Automatic 12-month extension for 2 additional points*
The ownership group will permit and build (3) luxury homes with a finished value of $4 million.