CENTRAL OHIO FIX &
FLIP JOINT VENTURE FUNDING

• Beginner investors ok
- but no owner occupants
• 9 month funding for single family homes and condos
• We fund up to 90% of purchase & rehab costs, not to exceed 70% of ARV
(After Repair Value)
• You fund 10-20% of purchase & rehab costs via down payment

• You make monthly interest payments of 1% (12% annualized)
• You will need cash on hand for the down payment, 9 months of interest payments, and to pay for the repair costs in between reimbursement draws from us.
• You will need a minimum credit score of 620
• Property must conform to the neighborhood

• Funding Fee of 5% ($2,500 min) and closing costs of $995 (Funding Fee and closing costs can be rolled into the funding)
• Upon re-sale, you receive back your down payment plus 80% of the remaining sale proceeds; we receive back our funding amount plus 20% of the remaining sale proceeds
• Joint Venture with title held in a holding company of our choosing for the duration of the project

WE SEEK THE FOLLOWING ATTRIBUTES IN OUR FUNDING PROJECTS:

• Single Family Home or Condo
• 3 or more bedrooms for houses and 2 or more bedrooms for condos
• 1.5 or more bathrooms
• 1,000 or more square feet of living space for houses and 800 or more square feet for condos
• Garage (prefer an attached garage)
• Basement (unless property is in a subdivision where no homes have basements, or in the case of condos)
• Suburban neighborhood.
• Well, septic, or rural locations will only be considered if the entire subdivision is on well/septic and on an exception basis