Completed

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Ellwood City, PA

Single Family Home

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Acquisition Loan

Please note that this investment is now closed. Information below is for historical purposes only.

Reference: PADIVI408

This private money loan was used to acquire and renovate a single family home located in Ellwood City, PA.

Once the property was acquired and renovated, it was sold to a local family on Garnaco's Pathway to Homeownership Program.

The investor loan was repaid after 13 months when the property was refinanced.

Basic Investment Details

Investment

$70,000

Asset Type

Monthly Gross

$13

Monthly NET

Cap Rate

56%

Projected ROI

PADIVI408 - Private Money Lending Investment Case Study 1
PADIVI408 - Private Money Lending Investment Case Study 2
PADIVI408 - Private Money Lending Investment Case Study 3

Investor Feedback

Verified Investor
“Our investment in a mortgage note with Garnaco was influenced by their Pathway to Home Ownership Program that provides affordable housing. We appreciate this valuable service that provides support for families and communities.

Everything went smoothly during the life of the loan and it was even paid off early. We are very happy with our experience and the return on our investment!”

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