Credit Partners Wanted

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Credit Partners Wanted for 50% Partnerships on Income Property

We are looking for a few serious investors interested in a partnership involving some brand-new duplexes. These turnkey properties are cash flow positive with substantial equity.



THE INVESTMENT:

$50,000 Instant Equity  »  $3,715 Annual Cash Flow

Location: St. Robert, Missouri St. Robert, Missouri Real Estate Investment
Property Type: New Duplex (3 bed, 2 bath)
Market Value: $240,000
Purchase Price: $183,000
Estimated Equity: $57,000  (20%)
Cash Flow: $3,715 /year  ($310 /month)
Capitalization Rate: 8.5%
DealGrader™ Score: 9.1  (out of 10)

HOW IT WORKS:

  • Two (2) partners per partnership.  One "credit" partner and one "cash" partner.
  • The "credit" partner will NOT be required to pay for any costs prior to the close of escrow including any down payment, closing costs, or trustee fees.
  • 50/50 split on income, expenses, equity and appreciation after close of escrow.
  • Title to the property will be help in a trust and managed by a trustee (attorney).
  • The two partners will each have a 50% beneficial interest in the trust.
  • A partnership agreement will govern the partners and partnership.

CREDIT REQUIREMENTS:

  • Credit score of 700 or higher.
  • Must be able to document last two or three years of income.
  • Must be able to show some liquid and semi-liquid funds across various account.
  • Clean credit (i.e. No bankruptcy or foreclosures within the last two years.)

For more information please call, or submit the form below:

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Norada Real Estate Investments
30251 Golden Lantern, Suite E-261
Laguna Niguel, CA  92677
(949) 218-6668
(800) 611-3060

Monday thru Friday
8:30 am to 5:00 pm (Pacific Time)