Our operating model is based on teaching homeless people to fix up houses for resale and then using the proceeds to operate and scale. Each project will require sufficient funds to purchase a suitable house and pay for the materials and professional services (plumber, HVAC, electrical) needed in addition to operating costs including permits, insurance, debt payments, utilities, etc.….
We propose the following:
Lend us $75,000.00 - $150,000
We will pay interest at the rate of prime plus 2%
Maximum Loan Duration: 24 months
Expected Median Loan Duration: 8 months
Loan to be secured by the property.
Each loan to be repaid in full at time of sale.