A profitable real estate investment formula
is to buy/fix and sell foreclosed properties in return for an attractive ROI.
However, all investors aspiring to make money from this profitable deal may not
be cash-rich. Some might need a loan to realise their investment dreams. Sherman
Bridge Lending is one such hard money lender who provides hard money loans to
investors keen on earning from the buy/fix/sell strategy.
I have experienced their efficiency and
support. I am real estate investor in Texas and approached Sherman Bridge
Lending for my financial needs. The after repair value of the property in
question was $80,000. Sherman Bridge Lending provided me with a loan to the
extent of 60% of the after repair value. The loan amounted to $48,000.
The purchase value of the property was $ 45,000and
repairs were estimated at $10,000. The actual repairs worked out to $9,500. By shelling
only $6,500 from my personal finances, I made a great investment in the
foreclosed property. The property sold at an attractive $78,000. I made a sound
profit of $23,500 from foreclosure investing. I paid the interest amount and
still made an attractive profit. Thanks to Sherman Bridge Lending, that I made an
attractive profit in this deal. What’s more, my personal investment was just
peanuts!
Their
services, loan processing speed and so forth are one of its kinds. If you too
are looking for a bridge loan in Texas,
I strongly recommend the experienced and expert hard money lender, Sherman
Bridge Lending. You are bound to write a success story henceforth.
