I have a deal with 14% cap rate, could be raised to 15% if can lowered the already low price. The loan is assumable with part owner finance. I need someone to partner up with only $250,000. This will make you 50% partner of the equity at the maturity date, and will also pay 10% single interest annually. We are experienced in the business. The community is a cash cow. Ahh by the way, the investment will be secure by the property.
Javier, how big is the community? What is it’s current occupancy? What State is it in? Services; Public or Private?