Invest In

1318 Cedar Hill Rd
Lancaster, OH 43130

Loan Amount: $224k
BPO: $275k
Collateral: $335k
Exit Plan: Rent and Refinance
Loan Maturity: 12/15/26
Interest: 10% APY $10k & over 8% under $10k
Amount Available: $200k

This is a triplex in the growing city of Lancaster, Ohio with a purchase price of $179k. We have two properties held as collateral on this note since it was a tight deal. We lent out $224k The broker price opinion was $275k. The borrower is a fourth time borrower with Velocity Capital Solutions. Investors who invest $10k and over will receive 10% annualized interest. Investors who invest under $10k will receive 8% annualized interest. Interest-only payments are disbursed monthly. Investors can choose to receive a full principal payout at loan payoff or roll their principal into another loan.

$200,000 is available for investment on this note. You can purchase all or part of it. A minimum of $5k is accepted.