06/09/2026
Looking for a real estate note backed by a single-family property with a targeted double-digit return?
This Memphis, TN opportunity is now available and features a borrower with prior experience, a 60% ARV LTV, and funds held for rehab.
Property: 1308 E Raines http://Rd., Memphis, TN 38116
Asset Type: Single Family
Bedrooms/Bathrooms: 3 bed / 2 bath
Square Footage: 2,029 sq. ft.
Loan Type: ARV Purchase
Loan Amount: $142,643
Market Value: $237,500
Targeted Monthly Return: $1,188.69
Targeted Rate of Return: 10%
Amount Held for Rehab: $60,900
Exit Strategy: Sell
Maturity Date: 06/30/2027
Highlights include a double-digit targeted return, a non-judicial state, and a borrower with previous experience.
View the note here:
https://leearnold.co/49NYb2W