Private Lending
Private Lender
Funds the Deal
Lender Receives
Documents
Securing the
Loan
Home is
Purchased
Lender Receives
Principal &
Interest
Home is
SOLD
Home is
Renovated
Benefits of Investing with Kismet Home Solutions, LLC
-
Much Higher Interest Rates
-
Title Insurance on the Loan
-
Secured by Deed of Trust
-
Short Term Notes
Private Lending vs. Traditional Savings
Risk vs. Reward
Money in the Bank
Real Estate Private Lending
$100,000 x 12% Interest
12 Month Term = $12,000 POI
*Backed by Real Estate Asset
$100,000 x 1% Interest
12 Month Term = $1,000 ROI
Past Private Money Lending and Hard Money Lending
1. Hard Money Lender
Property- 58 Heath Street, Newton NH
Loan toward Purchase $130,000 80% LTV
Loan toward Rehab.. $ 70,000 100% Rehab
Total Loan $200,000
Terms:
2 Points + 12% per annum w/ Additional 3 Points Exit Fee
*Interest Paid Monthly
Total Paid to Hard Money Lender - $34,000 on $200K for 12 months = 17%
1. Hard Money Lender
Property- 58 Heath Street, Newton NH
Loan toward Purchase $130,000 80% LTV
Loan toward Rehab.. $ 70,000 100% Rehab
Total Loan $200,000
Terms:
2 Points + 12% per annum w/ Additional 3 Points Exit Fee
*Interest Paid Monthly
Total Paid to Hard Money Lender - $34,000 on $200K for 12 months = 17%
2. Gap Funding; Private Money Lender
Loan - $40,000
Terms- 9% per annum w/6 months minimum guaranteed
*Interest Paid Monthly
Loan Paid in 10 Months
Total Interest Paid to Private Lender - $3,000
3. Hard Money Lender:
Property - 86 Main Street, Danville, NH (Purchase Price $160,000)
Loan Toward Purchase - $140,000
Loan Toward Rehab - $ 38,000
Total Loan Amount - $178,000
Terms: 2 Points + 13.5 per annum%
Project completed and closed in 4 Months
Total Earned by Hard Money Lender for 4 months $11,570.00