VENTURE CAPITALIST'S SPECIAL!!!
EARN $50,000 FOR CO-SIGNING A LOAN USING 75 E. DOGWOOD TRAIL AS COLLATERAL
The owners of 75 E. Dogwood Trail are paying $50,000 to a cosigner who helps obtain financing to pay the current $520,000 mortgage and the costs of renovations and/or new construction. Whaley Fun Returns is focusing the 75 E. Dogwood Trail renovation/construction on substantial increases in property value, as the focus of 100 Bridge Street was, with vacation rental income also a major factor. The loan may be obtained from any bank or private lender who meets Whaley Fund Returns' lending requirements. A great credit score is preferred, but average credit scores will be considered. The co-signer will not be obligated to make any payments and is simply needed to obtain financing limited by loan to value factors. "Peace of mind " terms include 3 months of mortgage payments being held in a joint account with co-signer and if the money is needed for a mortgage payment, co-signer has the right to list 75 E. Dogwood Trail for sale for market value. Whaley Fun Returns is also accepting offers contingent on a percentage of the 75 E. Dogwood Trail rental income and/or sale price instead of the $50,000 payment.
Where is the risk involved to the co-signer? Whaley Fun Returns believes the risk involved is limited to the event that the entire Outer Banks housing market loses much more than 20% of the housing market's value at the same time the current owner's both become disabled and for some reason unable to obtain mortgage payments through an insurance policy specifically held to make mortgage payments during health problems. The 100 Bridge Street construction was sold for $820K with $405K secured against the property and the 4809 Vista Lane construction was sold for $519.9K with $295K secured against the property (not including the 75 E. Dogwood Trail down payment). Appraisals and an Comparative Market Analysis' indicate 75 E. Dogwood Trail will be worth between $1.1M and $1.6M with a total of $750K secured against the property (The $750K does not include the construction of a 2nd home).
What "Peace Of Mind" comes with co-signing? The co-signer's Peace Of Mind not only includes a "Power of Attorney" providing the right to sell 75 E. Dogwood Trail for market value if under 3 months worth of loan payments are held in a savings account, the co-signer will have complete transparency to the financial information relating to the 75 E. Dogwood Trail loan and construction costs. The co-signer is encouraged to "name their Peace of Mind terms" to make their co-signing experience as stress free as possible.
Why are the current owners seeking a co-signer? The current owner's credit is sufficient to own 75 E. Dogwood Trail as the property is now but they do not currently qualify for primary residence "cash-out" financing and the investment loans offered have required the property to be vacant during construction, which is not at all necessary. A co-signer makes financing needs convenient to the home-owners. The current owners work as a Dare County teacher and home improvement provider. Owning 75 E. Dogwood Trail and making home improvements on customer's homes does not make sense financially, so the current owners are seeking a co-signer to help make the 75 E Dogwood Trail property as valuable as possible to be used as primary residence with vacation rental income available during the summer vacation rental season or sold as a "fix and flip" primary residence.
Contact Whaley Fun Returns for more information at 610 842 3905 or to submit your offer.
CO-Ownerships With Guaranteed Profit & no $ down timeshareS
$50,000 Profit Guaranteed On Co-Ownerships
$50,000 Profit Guaranteed On Co-Ownerships
$50,000 Profit Guaranteed On Co-Ownerships
Whaley Fun Returns is offering (1) co-ownership opportunity under 3 different sets of terms(all agreements need to be structured specifically to meet Southern Shores zoning codes) :
1) A "NO $ DOWN" 8% co-ownership offering 4 weeks of vacationing per year to an investor who helps secure financing needed for the renovations and existing $5
Whaley Fun Returns is offering (1) co-ownership opportunity under 3 different sets of terms(all agreements need to be structured specifically to meet Southern Shores zoning codes) :
1) A "NO $ DOWN" 8% co-ownership offering 4 weeks of vacationing per year to an investor who helps secure financing needed for the renovations and existing $520,000 mortgage. An investor will be entitled to the 4 weeks of free vacationing without ever being required to pay any costs, including taxes, insurance and maintenance fees by simply securing the financing needed with the owners of 75 E. Dogwood Trail. The buyer may elect to receive their guaranteed $50,000 profit at the time of loan disbursement. More information is found at: Secured Investments (outerbankshomeimprovements.com)
2) $515,000 for 49% ownership of completely updated luxury home valued at $1.1M-$1.6M. The $515K co-ownership of 75 E. Dogwood Trail provides the buyer 49% ownership which includes a sharing agreement giving the buyer 80% of the summer season (non-Dare County School year) to personally use or rent to vacationers. The current owners occupy 75 E. Dogwood Trail for the entire school year, provide all the needed property maintenance and pay 100% of the property taxes and home owner's insurance. More information is found at: Secured Investments (outerbankshomeimprovements.com)
3) $725,000 for 49% ownership of updated luxury home and 4 bed/3 bath ADU. The $725K co-ownership of 75 E. Dogwood Trail provides the buyer 49% ownership which includes a sharing agreement giving the buyer 80% of the summer season (non-Dare County School year) to personally use or rent to vacationers. The current owners occupy 75 E. Dogwood Trail for the entire school year, provide all the needed property maintenance and pay 100% of the property taxes and home owner's insurance. More information is found at: Secured Investments (outerbankshomeimprovements.com)
The OBX Dreamlife
$50,000 Profit Guaranteed On Co-Ownerships
$50,000 Profit Guaranteed On Co-Ownerships
75 E. Dogwood Trail is an amazing 1 acre lot that could potentially be used for 2 single family homes(the property was bought as a potentially sub-dividable lot but may now require town council’s approval to sub-divide due to a zoning change made without an eminent domain transaction). The property may also be used with the existing home
75 E. Dogwood Trail is an amazing 1 acre lot that could potentially be used for 2 single family homes(the property was bought as a potentially sub-dividable lot but may now require town council’s approval to sub-divide due to a zoning change made without an eminent domain transaction). The property may also be used with the existing home and a smaller home on the property called an Accessory Dwelling Unit "ADU". Whaley Fun Returns is considering all options and focusing on building a home valued significantly more than the loan(s) secured against 75 E. Dogwood Trail. The bottom line is Vacasa's rental projection indicates 75 E. Dogwood Trail could gross $140,000-$160,000 per year and a $1,000,000 loan is going to require about $100,000 in mortgage payments, taxes and insurance per year. $480,000 (the amount left after the first mortgage is paid) is more than twice what Whaley Fun Returns needs to build "The Family Reunion" luxury home valued at a minimum of $1.1M in about 2 years.
Schedule A Tour Of 75 E. Dogwood Trail
$50,000 Profit Guaranteed On Co-Ownerships
Schedule A Tour Of 75 E. Dogwood Trail
Whaley Fun Returns will have progress pictures of the renovation posted online until an offer from an investor or partner is accepted. Feel free to email or call with your questions (emails are preferred, as responses will most likely need pictures and other documentation). When submitting an offer, please include contact information an
Whaley Fun Returns will have progress pictures of the renovation posted online until an offer from an investor or partner is accepted. Feel free to email or call with your questions (emails are preferred, as responses will most likely need pictures and other documentation). When submitting an offer, please include contact information and as much financial information relating to your offer as possible
CO-Ownerships With Guaranteed Profit & no $ down timeshareS
No $ Down Timeshare With 4 Free Weeks of Vacationing
Make Yourself At Home...Thats What 75 E. Dogwood Trail Will Be!
No $ Down Timeshare With 4 Free Weeks of Vacationing
Whaley Fun Returns is offering 4 weeks of vacationing per year to an investor who funds improvements or helps secure financing needed for the renovations. An investor will be entitled to the 4 weeks of free vacationing without ever being required to pay any costs, including taxes, insurance and maintenance fees by simply securing the fin
Whaley Fun Returns is offering 4 weeks of vacationing per year to an investor who funds improvements or helps secure financing needed for the renovations. An investor will be entitled to the 4 weeks of free vacationing without ever being required to pay any costs, including taxes, insurance and maintenance fees by simply securing the financing needed with the owners of 75 E. Dogwood Trail. There currently is a $520,000 mortgage on 75 E. Dogwood Trail at 6%. Appraisals of 75 E. Dogwood Trail indicate the current value ranges from $662,000 to more than $880,000. An appraisal of the "to be built" luxury vacation rental indicates the value will be $1,100,000 with some of the least expensive comparables,but when closer, completely updated properties are used (found under "Location, Location, Location" of the Dream Investment page) the value appears to range from $1.2M-$1.6M. Some financing options available include using a HELOC in the 2nd lien position secured with 75 E. Dogwood Trail, obtaining a construction loan or possibly a cash-out refinance. Whaley Fun Returns will provide an investor complete transparency to all spending on the 75 E. Dogwood Trail improvements and other "peace of mind" job progress reports to document the approximate current value of the house and the loan amount(s) secured with the house. Whaley Fun Returns' "No $ Down Timeshare" opportunity literally means an investor will be entitled to 4 free weeks of vacationing at 75 E. Dogwood Trail for partnering with Whaley Fun Returns to secure financing needed for the "Luxury Vacation Home Renovation" without ever needing to pay any money out of pocket (until the financing has been completely repaid).
All co-ownership, partnerships and timeshare opportunities at the 75 E Dogwood Trail primary residence have specific lending guidelines to meet to avoid the unnecessary classification as an "investment" property. All co-ownership, partnerships and timeshare opportunities requiring joint financing will be structured so funds are obtained with both parties agreement throughout the renovation process.
The 75 E. Dogwood Trail Comparative Market Analysis
Make Yourself At Home...Thats What 75 E. Dogwood Trail Will Be!
No $ Down Timeshare With 4 Free Weeks of Vacationing
A Comparative Market Analysis dated June 25, 2024 indicates the current suggested price is $802,055 with a price range from $762K-$842K.
Make Yourself At Home...Thats What 75 E. Dogwood Trail Will Be!
Make Yourself At Home...Thats What 75 E. Dogwood Trail Will Be!
Make Yourself At Home...Thats What 75 E. Dogwood Trail Will Be!
After the renovations are complete there still will be about 600 sq. ft. of storage space which the current owners can use to store personal possessions and even allow their co-owners to store their own possessions from mattresses, to couches to their own kitchenware. Current owners will swap possessions from storage to the living area for the co-owners at no cost to the co-owners!