A fresh start for a home.
A clear plan for your capital.
Single-family acquisition and renovation in Daytona Beach, Florida. Review the opportunity, the numbers, and the proposed loan terms below.
Investor summary ·
The opportunity
I am raising $130,000 in private capital to acquire and renovate a single-family home in the 32117 ZIP code of Daytona Beach, Florida.
The property has been listed for 39 days with a 10% price reduction, indicating a motivated seller. My plan is to acquire the property with a cash offer, complete a full renovation, and resell within 9 months.
Contact Darren to confirm current property status, pricing, and availability.
The proposal at a glance
The after-repair value is an estimate used in the proposal. It is not a guaranteed resale price.
Clear terms, documented security.
- Interest
- 10% per annum, interest-only, paid monthly.
- Term
- 12 months from funding.
- Security
- A promissory note secured by a recorded first mortgage filed with the Volusia County Clerk of Court.
- Insurance
- The lender is to be named as mortgagee on the hazard insurance policy.
- Project plan
- Acquire, fully renovate, and aim to resell within 9 months. The proposed loan term is 12 months.
Why Darren Nash
A background in building, estimating, and hands-on renovation guides the plan.
- B.S. in Building Construction, University of Florida; A.A. in Architectural Design.
- Personally completed six full residential rehabs.
- Remodeled his own 100-year-old historic home in Holly Hill, Florida.
- Several years of commercial construction experience on buildings over four stories.
- More than 20 years of professional construction cost estimating experience at Nash Estimating (NashEstimating.com). Darren prices his own renovations, building the rehab budget from real quantities.
Interested? Let’s talk.
“If you are interested, I will send the full term sheet for your review, and we can have a Florida real estate attorney prepare the promissory note and mortgage. I am happy to walk the property with you at any time.”
Darren Nash
Nash Fresh Start Homes LLC
Share this opportunity
Know someone who would like to review the summary?
Investor summary · . All figures and terms are proposed and subject to due diligence and final legal documentation. Lending involves risk; repayment and projected property values are not guaranteed. Request the full term sheet and current property information before making a decision.