Real Estate Rehabbers buy Single Family Homes by borrowing purchase and repair costs with a Note secured by a Deed of Trust on the property – paying 8-12% interest annually.
Private Parties lend savings and retirement capital directly to Rehabbers, receive monthly payments at much higher rates than banks offer, and get regular return of capital when the Property sells (every 3-12 months).
Quality Rehabbers are uncommon and perform this over 50 times per year in California and in select other states. Yes, some buy a property every week! They routinely earn 15-50% annually above the cost of the project.
And what do you do after you find them?
David Fahrney, Agent BRE Lic 02007027
Liberty Real Estate Services Inc, Broker BRE Lic 01401152
Real Estate Broker – California Bureau of Real Estate