Hello, investors. I’m looking for $161,840 to purchase a property in Groesbeck, Texas. The funds will be used to cover the purchase price, rehab, and closing costs. The property is expected to sell for approximately $250,000 once the work is completed. Based on the projected numbers, I expect to generate approximately $88,000 in net profit from the sale. From that profit, I would pay the investor $32,368, leaving me with approximately $55,000 in profit. To help protect the investment, the entire transaction can be coordinated through a title company, ensuring the funds are used specifically for the purchase, rehab, and closing costs. The investor’s interest can also be structured through the title company, and the investor can potentially be placed on the deed where appropriate. At the time of sale, the title company can distribute the proceeds directly to the investor according to the agreed-upon terms before releasing my remaining funds. I’m happy to provide the purchase contract, scope of work, projected numbers, and any other documentation needed for due diligence.
