Investment offering: $2,850,000
Offering Type: Secured 1st Mortgage Position
Loan to Value: 69% of future value
Proposed APR: 7.5% Annual
Term: 18 Months
Completed Value: $4,750,000
As Is Value: $2,280,000
The home is a single family home in the Lake District in San Francisco and is currently a 3 bedroom 1.5 bathroom 2286 square foot residence. It will be completely “down to the studs” remodeled turning it into a 4 bedroom 4 bathroom 4000 square foot home. The rooms will be reconfigured, including a large chef kitchen, a 4th floor will be added, 2 roof top decks will be added, and it will have all high end finishes while retaining the exterior of the home. The plans are already approved and permits are issued so this project is ready to begin construction.
Our lending opportunity is on a single family home in the Lake District in San Francisco. The Lake District is a highly sought after neighborhood that is made up mostly of families and long- time San Francisco residences. It’s a very well established neighborhood where property values are very high and extremely desired. There are several reasons why the Lake District is desirable. One reason is that it is a very affluent area that is very low in crime and high very in families that own their homes. Another reason is that the school system is excellent. And another reason is that the transportation score is outstanding the walk, transit and bike scores average well over 80.
About the Issuer: RealtyXE
RealtyXE is a community-focused company offering open access to quality, cash-flow generating Real Estate Development opportunities for investors. RealtyXE has completed 100s of successful fix and flip projects in California.
RealtyXE’s strong advantage and added benefit to our the investors is how we review projects and perform market analysis and project oversight (on value add investments) to ensure completion.
Measure Real Estate Market:
– Regional economic trends & macroeconomic growth outlook
– Real estate market demand and supply
– Measure rents, construction cost and property income trend
Vetting / Project Due Diligence:
– Sponsor Ability to Perform
– Strategy Implementation
– 3rd party Appraisal / Valuation
– Financial & Project Analysis
– Overall Success Rating
– Site Visit & Location Review
– Cost Controls
– Strategy Implementation
– Goal & Contingency Review
– On Going Monitoring – Site Visits
– Financial & Operational Audits
– Pre-Vetted Deals: Institutionally underwritten & post funding project oversight to give them more confidence in their investment decisions.
– Passive Income: Secured by real estate so they can sit back and watch their money grow.
– Access: To investment in opportunities with the ability to self direct in a risk adjusted portfolio that were previously inaccessible.
– Low Minimums: $5k minimum to invest in any deal.
RealtyXE Executive Team
Co-Founder & President, Real Estate
Having built 3 mortgage businesses in his career, Paul Lussier brings to RealtyXE seasoned Real Estate expertise building bridges between Institutional and Private Investors to quality Real Estate deal-flow both in Residential and Commercial fields. He specializes in complex and involved financing transactions for acquisitions, flips, and ground-up development.
Having worked with Community Realty & Investments, one of the largest private Holding Companies consisting of over 1000 properties in California, he directly assisted the company’s Founder/CEO with all aspects of business operations that generated over $100 million in real estate sales and acquisitions annually. In the late 2000’s he created 4 LLC’s in New Orleans where he sourced and evaluated potential investments, calculate ROI’s, developed budget and timelines and presented opportunities to investors, performed due diligence, negotiate contracts, obtained permits and entitlements and supervised all aspects of construction and development.
Mr. Lussier is a licensed Real Estate and Mortgage Broker with CA State and Federal NMLS Certifications.