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Contact Person Mr. Mike
18156 Darnell Dr, Washington DC, District of Columbia
PCC Capital Investments, LLC (The Company) is in the business of raising private investor capital for the purpose of buying distressed, foreclosed, or bank-owned residential real estate in the metropolitan Washington, DC region, predominately in Maryland, DC and Northern Virginia.
The Company uses loans from a private investor to acquire and repair or improve the home to market values comparable to other nearby properties. The investor is secured with a Note and a Mortgage or Deed of Trust (whichever is specific to the state) against the target property, with a double-digit per annum simple interest yield, OR *5% of the profit generated by the re-sale of the improved property, whichever is greater. The investor’s funds are a debt on a **-month, zero payments with all interest and principal due on the **5th day from the Note, or when the property sells, whichever comes first.
Private investors are defined here as individuals who own cash assets, either in the bank or in a retirement account. By assisting the investor in establishing a self-directed retirement account, the investor legally can use his funds to loan for notes and mortgages. Profits from the transactions, once the subject property is resold and settled, are tax-free as they go back into their retirement account.