Houston, TX
Amount Raised: $33,000
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Interest Paid: $6,600
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Return Paid to Lender: $39,600
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Term Length: 6 months
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Amount Raised: $33,000 - Interest Paid: $6,600 - Return Paid to Lender: $39,600 - Term Length: 6 months -
A three-building property — a single-family home and a duplex in the back — where the operator had already completed demolition but needed additional capital to reach the finish line. We helped connect them with a private lender who invested $33,000 from their HELOC (Home Equity Line of Credit). Within 6 months, renovations were complete and the operator chose to hold the properties as rentals, paying out the private lender through the sale of another asset. The lender earned a $6,600 return in 6 months — a 20% return on investment.