Erik Peddle’s Post

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SERVANT LEADER @ Renovar Construction & M6 Capital Group

Hi everyone, wanted to share a little about how we identify deals! Maybe it will help you in your investment journey! We work with placement agents, lenders and our sponsor network to source our deals. Our goal is to stabilize property and hold until the market improves. Therefore, we handle distressed situations, in which case we rely on the interest rate cap and are implementing complete renovations with the objective of protecting equity for our investors. As regards to capital injections, we aim to keep in-place debt. Additionally, we venture into new deals that are geared towards increasing overall leverage. In cases of senior lenders falling through, and inability to raise equity in time, we provide Quick Close & Gap Funding to bridge the gap short-time. For persons with low interest rates on seniors but low leverage, and those whose banks are reluctant to lend, we offer Loan Assumptions and New Constructions to increase leverage, which ultimately benefits our investors. What deals are you interested in investing in? #entrepreneur #faithdriveninvestor #realestateinvestor ———  👋 Hi, I’m Erik. I post about my investing journey and how we serve others at our companies to help others grow their freedom. Follow for insights & inspiration! Schedule a call with me to connect!

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