Serious inquiries only please: investment@bahamasvacationguide.com

Seeking investor(s) for private mortgage on real properties currently popular vacation villa rentals, with proven history of rentals and income. This Bahamas income opportunity arises from property situate in Freeport, sought after Lucaya area -- in close proximity to The Westin Our Lucaya and The Sheraton Our Lucaya, on Grand Bahama Island, Bahamas. Walking distance to new Reef World Class golf course, attractions, shopping, hotels, beach and grocery store as well as on bus line. Properties produce high repeat guest rate with ideal location.

Property consists of two separate villas which offer water views, dockage and channel access. Current appraisals available and more than double the sought mortgage amount. This is an opportunity for offshore income.

Mortgage amount sought $165,000.00.

Purpose of mortgage: To replace non-standard, interest only mortgage currently in place and cover legal costs of release, recording and preparation of all necessary documents to properly protect and secure the lender(s).

Type of mortgage sought: Conventional mortgage loan. Interest not to exceed 10% per annum, but will negotiate based upon terms favourable to both lender and borrower. Balloon payoffs after scheduled terms and the like are all possible.

Creditworthiness of borrower: A+ US credit rating, properties held both in US and Bahamas. Credit report made available or signature to allow lender to obtain. Letters of good standing from current offshore lender to be provided as well as other business credit letters.

Reason for seeking of private mortgage: Conventional lenders in US will not provide offshore mortgages. Local financial institutions will not recognize rental income solely for basis of loan and require local income. Earnings of borrowers obtained in US are not considered. Rare exceptions have unreasonable terms.

Method of repayment:

The lender would have the option of receiving the monthly installments in an offshore account. It is relatively easy to obtain a bank account in the Bahamas. This presents a rare opportunity to the lender to receive Bahamas income in The Bahamas. Which can easily be withdrawn and otherwise invested, or *gambled away*. It is a good way to export moneys from taxing authorities further scrutiny on future investments. Deposits can be made directly into the lenders bank account on a monthly basis.

The lender might chose to receive a payment in another country or a Bahamian lender may wish to be paid in Bahamian dollars which is also possible.

Currently the borrower makes monthly USD payments locally in the sum of $1,500.00. The rental income from the properties easily supports this payment. The borrower would not be adverse for a schedule of payments for a number of years with a balloon payoff or the possibility of refinancing at the current rates.

This rare Freeport, Bahamas income opportunity is a very sound investment offshore. Photos of property or the lenders personal inspection will be provided.

Serious inquiries only please: investment@bahamasvacationguide.com

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