Loan

Private Mortgage Loan

Elite Properties purchases Distressed Estate, and then it undergoes renovation, after completing all processes, we sell it for market value. Here, investors get the opportunity to be our private mortgage loan. The investor funds us for the purchase price, and we pay him/her monthly interest until the property is sold, then we return the loan in full back to the investor; 10%-12% being our average interest pay. We are also known for our best turnaround time, which is usually 5-6 months.