Throw a Couple of Rentals on the Barbie!

Australian national buying two investment SFR’s from a local wholesaler. He was putting 50% down so naturally had our attention. Without an appraisal, we personally inspected the properties and determined he was paying below retail, drafted loan docs and closed in 48 hours. The borrower titled the properties in Arizona LLC’s, employed professional management and secured tenants before returning down under. This loan was a win-win for all parties.