Crazy Returns
So I was offered a deal where I lend $25k for 30 days and get back a 10% return. If it goes past 30 days It goes up 5% to 15%, if it goes past 60 days it goes to 20%. Every 30 days it goes up 5% until 120 days it gets to 35%. If it goes past 150 days the land that is attached gets assigned to me. This is vacant land with this transactional funding.
Another deal is for a rehab in Colorado. 55k for 90 days, 55k out $80k returned.
Is anyone else seeing deals like this?
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Mike Ruscica
6
Crazy Returns
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