Bridge to Perm – Cleveland, OH

Invest Now

Note Size: $76,000
>$100K Remaining


Note ID

2,670 SqFt







Detached Duplex with 5 bedrooms and 2 bathrooms in the Clark-Fulton Neighborhood. The borrower typically purchases and rehabs properties in cash and is using purchase only financing on this property to be more efficient with his capital. Upon completion of rehab, the loan will be refinanced into a DSCR loan from Aloha Capital.


Address: 3909-3911 Daisy Ave., Cleveland, OH 44109
  • Country: United States
  • Postal code / ZIP: 44109
Open on Google Maps
  • Note ID 2022OH3909
  • Price Note Size: $76,000
  • Property Type 2-4 Unit
  • Property status >$100K Remaining
  • Bedrooms 5
  • Bathrooms 2
  • Size 2,670 SqFt
  • Label Partial Note, Whole Note
  • Note Type Fix & Flip
  • Whole Note - Annual Yield (%) 10%
  • Whole Note - Monthly Yield ($) $633.33
  • Participation - Annual Yield (%) 9.5%
  • Loan Maturity Date (MM/DD/YY) 02/17/2024
  • Property Current Value ($) $95000
  • Property After Repair Value ($) $95000
  • Loan to Current Value (%) 80%
  • Loan to After Repair Value (%) 80%
  • Property Rent Estimate ($) $1600.00
  • Loan Exit - DSCR (Ratio) 1.25
  • Invest - Participation Agreement

Supporting Documents

You Must Be Registered & Logged In to View Supporting Documents and Investor Paperwork.

Get Directions

Nearby Places

Sponsor & Guarantor

Aaron A.

Aaron Andersen is a real estate investor who since 2018 has built a varied portfolio across Washington, Ohio, and Illinois. His focus is primarily on multifamily properties, particularly those with 4 to 14 units. Beyond personal investments, Aaron also leads a syndication that rejuvenates apartment buildings in Michigan. He's currently managing two projects, each comprising 30 units and cumulatively representing $6m in assets. Balancing his full-time management role with real estate ventures, Aaron's experience underscores a quiet dedication to the real estate sector.
Other Notes

Similar Notes

Fix & Flip – Boulder, CO (2nd)

>$100K Remaining

Coming Soon

Fix & Flip – Boulder, CO (2nd)

Note Size: $150,000
Maturity Date: 03/31/24

This loan is a second position loan behind the borrowers existing ~$950K loan with a bank at less than 3%. The purpose of the loan is to complete a light renovation including paint, carpet/flooring upgrades, lighting, landscape and other minor improvements along with staging to maximize the speed and price of sale. With the $150,000 […]

3,500 SqFt
Whole Note Yield: 14.00%
Partial Note Yield: 13.5%
Bridge to Perm – Glenside, PA

>$100K Remaining

Bridge to Perm – Glenside, PA

Note Size: $232,500
Maturity Date: 10/05/2024

The property is a two unit rental in Glenside, PA, a town just 6 miles outside of Philadelphia. The town is most notable for its entertainment, such as the Keswick Theatre, restaurants, recreational facilities and parks. This loan is a 24 month bridge loan to build short-term rental history with a goal to refinance by […]

1,490 SqFt
Whole Note Yield: 10%
Partial Note Yield: 9.5%
Fix & Flip – Metairie, LA

>$100K Remaining

Maturing < 90 Days

Fix & Flip – Metairie, LA

Note Size: $262,500
Maturity Date: 11/08/23

A quick rehab on a property that will cash flow as a rental property and provide profit if sold upon completion. This project is in a neighborhood our repeat client has successfully invested into over his investing career.  

1,482 SqFt
Whole Note Yield: 12%
Partial Note Yield: 11.5%
Fix & Flip – River Ridge, LA

>$100K Remaining

Fix & Flip – River Ridge, LA

Note Size: $247,140
Maturity Date: 08/01/2024

This is a light renovation on a property by an experienced investor who has completed 5 similar sized projects.

1,800 SqFt
Whole Note Yield: 12%
Partial Note Yield: 11.5%
Fix & Flip – Springfield, IL

>$100K Remaining

Fix & Flip – Springfield, IL

Note Size: $131,950
Maturity Date: 01/27/2024
3,449 SqFt
Whole Note Yield: 11%
Partial Note Yield: 10.5%