The Team on A&E's 'Flip This House' is Making 12% Returns as One of our Private Money Lenders...
Paul Esajian, star of A&E's 'Flip This House,' recently lent money to Progress Home Buyers and he was 'blown away' with the progress, efficiency and quality of work of the project!
Right now, real estate investment companies (REIC) all over the country are looking for capital to purchase and renovate properties. Because they are buying properties that are in need of repairs, they can't borrow the money from a bank (because banks won't loan money on homes that need repairs - plus, banks are a real pain to deal with right now.)
That is where you come in! You can loan the REIC the money to purchase and renovate their properties. In return, they give you a mortgage on the property, which GUARANTEES you a certain rate of return and SECURES your money to a specific property. This means, if the REIC doesn't pay you the return they promised...