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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 6 to 15% annual interest, with Loan to After Repair Value from 50% to 90%.

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: $1,200,000

RENOVATED VALUE (ARV)  $2,150,000 (recent appraisal)

TERM:  18 Months @ 7.5% and 2.5 Points

MONTHLY PAYMENT:    $7,500

 $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
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LOAN AMOUNT: $700,000

TERM: 12-Months @ 10% and 2 Points

AFTER RENOVATION VALUE (ARV)  $1,195,000

MONTHLY PAYMENT:     $5,833.00

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: $1,150,000

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.

Tacoma

Single-Family
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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
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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.

Maple leaf

Single-Family + DADU
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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
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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.

ground-up new construction

Bothell

4 Home Development
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LOAN AMOUNT: $1,100,000 

TERM: 24-month term @ 10% and 2 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.

bothell

6 home development 
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LOAN AMOUNT: $1,150,000

TERM: 24-month @ 10% and 2 points

Automatic 12-month extension for 2 additional points*

The ownership group will renovate the existing SFR, entitle build six high-end homes, and sell at top market value. Total finished value is $11,100,000.

Greenlake

townhomes
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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.