BLT Lending Opportunities!
Lending in the real estate investment space can be lucrative with passive growth, without the hassles of remodeling, babysitting subcontractors, managing tenants, or dealing with buyers. If you have money sitting and want to watch your dollars get larger, lets connect. If you have money sitting in an IRA or a retirement plan, lets connect to discuss tax free growth. If this is new to you or you have loaned many times, we welcome and appreciate the opportunity to partner with you. As a lender, funds are backed by real estate as collateral. We discuss and agree to the amount of money, the interest rate, the length of time the money is working for all of us. We manage everything else while you enjoy your world and watch your pennies build up over time. Lending rates vary, depending on the type of investment – we love wobbly boxes (trailers/manufactured homes) and KNOW they are great investments. We understand some investors may be more comfortable with a stick build house. We will find the best fit for your money, based on your level of comfort – its what we do through collaboration and communication.
We have partnered with McCollum Law in Cary, NC – they manage all contracts, collateral and will disburse the wired funds per the signed agreement after all documents are finalized and recorded. (McCollum Law is a fantastic group and are so very responsive – We HIGHLY recommend them for any legal transaction – just tell them you heard about them from us!) We know you have worked hard to save money and respect the trust it takes to partner with us to manage the funds. We have references from others who continue to reinvest with us and are happy to provide that information.
Our Services
Introduction Call
If you have questions or want to hear more about how this works, please join us for an upcoming Introduction call. We would enjoy connecting and finding the right fit for you.
It's really that simple - lets connect – you can create the wealth you want without the hassle. Click below to see current BLT Lending Opportunities.
Join Our Introduction Call!What is the BLT Method?
Believe, Like and Trust (thanks Brian Swafford!)
YOU work hard for your money.
WE work smart for you to create money and grow wealth.
We leverage money by working with friends who appreciate the BLT Lending Method as much as we do! Real estate investors who want to grow wealth passively are welcomed and appreciated. The Cash Flow Formula team has the hustle and motivation to find deals, negotiate contracts, make properties sparkle, make home ownership dreams come true, and collaborate to share the wealth. Any lending opportunity posted for subscribers has been analyzed and evaluated with at least 2 exit strategies identified, using comparable properties to determine the present and future value of the property. Investor rates vary, depending on the property terms and risk. We may have picture-perfect high-end homes we use as short-term rentals, project-based lending requests for remodels or updates to commercial properties, site development opportunities, owner financing properties using the original REI Cash Flow Formula, collective monies as a fund for rentals and more.
McCullom Law in Cary, NC manages all contracts and closings, receives all wired funds and manages the distribution of funds, per the terms of the contracts. Lenders complete the requested information specific for each opportunity or fund and communication is established for closing and wiring details.
Join us for an upcoming lending information session, schedule time to chat one-on-one or share your interest via the BLT Lending Interest Form.
Lender Interest Form
Where community is created.
Where collaboration is fostered.
Where knowledge is gained.
Where wealth is supported.
Our BLT Lending Process
THANK YOU for your interest in working with us as a preferred lender for a property purchase. The purpose of this document is to support a checklist of paperwork and requirements to foster a smooth lending transaction with legal and administrative oversight. Please review the document in its entirety and reach out with any questions.
The Lending Process
- Lender agrees to a lending opportunity commitment posted on REI Cash Flow Formula by clicking the opportunity link. (Please note the lending commitment is not final until a legal contract is signed. A member of the REI Cashflow Team will communicate for the next steps).
- Lender completes the lender information form (see above) and submits.
- REI Cash Flow Formula team members will review Lender Information Sheet and will work with the lender to complete (if needed).
- REI Cash Flow Formula team members will send an email to the Lender and McCollum Law, PC to initiate the legal transactions.
- McCollum Law, PC will prepare and send the following documents to the Lender & Courtney:
- Promissory Note
- Deed of Trust (if applicable)
- Filed Deed of Trust
- Wire Instructions
- Lender will send wired funds by the date identified.
- REI Cash Flow Formula and/or associated businesses will establish insurance with Lender Beneficiary Interest and share prior to closing.
- McCollum Law, PC or REI Cash Flow Formula team members will send shared lender documents with Lender after closing.
- REI Cash Flow Formula team members will set up the Lender to receive payments, based on the agreed upon terms.
Next Steps
Once the paperwork has been received, the following documents will be prepared to secure the loan, by the legal team at McCollum Law, PC:
- Promissory Note
- Deed of Trust (if applicable)
- Filed Deed of Trust
- Wire Instructions
- Lender will send wired funds by the date identified.
- REI Cash Flow Formula team members will establish insurance with Lender Beneficiary Interest and share prior to closing.
- McCollum Law, PC or REI Cash Flow Formula team members will send shared lender documents with Lender after closing.
- REI Cash Flow Formula team members will set up the Lender to receive payments, based on the agreed upon terms.
Our BLT Lending Opportunities
Choose the opportunity below to get started!
OPEN
Lender states the amount they have to lend with preferred interest rates and terms – We will reply with opportunities pending.
Apply NowOpportunity Note90
- $90,000 with collateral of 2 performing notes for $101,000
- $90,000 lending on $101,000 note as collateral
- 12% for 12 months - $10,800 interest only
- 1 point for extension for 6 additional months
- Balloon payment – no monthly payments
- Collateral of 2 notes, promissory note
Opportunity PAPMHP
- Requesting $36,000
- Return $72,365.67
- 16% amortized over 10 years
- $603.05 a month
- 1st payment starts at month 9
- Promissory note, mobile home title held in escrow and a secondary lien to the mobile home park
Mobile Home Fund Interest
We are actively seeking investors who are supportive of mobile home park funding to purchase a current future park. We love our wobbly boxes and appreciate the support.
- Minimum investment - $50,000 with a minimum of a 5 year term.
- 10% return.
- Lien on the park asset.