Matthew Hayes Lending Deal

 

Matthew Hayes Lending Deal

Clean Slate Properties LLC in Grand Rapids, MI
Matthew Hayes with Tina Hayes

Clean Slate Properties LLC (CSP) loaned capital to Viva Property Investments LLC, a company owned by a fellow FortuneBuilders student, for the rehabilitation of a single-family residence in SW Grand Rapids, MI. The promissory note was secured by a first position mortgage. Terms of the note were: rnLoan Amount: $25,000rnOrigination Date: 1/18/2019rnInterest Rate: 10% annualizedrnPoints: NonernLoan End Date: 04/25/2019rn

Lending Details


* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use.



Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

This deal was between two FortuneBuilders students, so the FortuneBuilders network was critical! This was our first money deal between our two companies. We’ve now completed 5 deals and are closing on our 6th private money deal next week!