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application forms to find out those details that make all the difference and make us happy to say ‘Yes.’” In the end, Ernesto and his team not only repaired the damage from the flood and the subsequent years of vacancy but also turned the Hawaii Kai home into an exquisite property buyers were clamoring for. With a $1.5 million original purchase price and $1 million in rehab work, this home sold for $3.5 million with a profit of over $1 million. By choosing to work with a private money lender like Temple View Capital that was interested in Ernesto’s vision—not just the black-and-white facts—he was able to reap significant rewards. THE ADVANTAGE OF HAVING A TRUSTED PRIVATE MONEY LENDER ON YOUR SIDE Just like Ernesto, you probably see opportunities in the marketplace to generate sizable returns—you just need the financial backing to do it. In fact, it’s the reason Temple View Capital was created more than 15 years ago. Too often,
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Shea, who was closely involved with the Hawaii Kai project, had this to share about Temple View Capital’s involvement in the project: “When you hear that two other investors backed out of a project, it is concerning. However, we knew Ernesto’s track record, business plan, and his ability to get the job done. In a time where many faced supply-chain issues and drastically surging material costs, Ernesto had the ingenuity to directly source his own high-end luxury materials from places like Bali, Brazil, and Indonesia. He personally traveled to those areas and set up direct sourcing relationships to get these materials he would need for this project and others. The same quality stuff you would get from a place like Restoration Hardware but for a fraction of the price. We also saw his vision to market and sell the property as a luxurious lifestyle opportunity where the
resident could hop on their Jet Ski after a long day, taking it down to the local restaurant and grab a bite to eat or just play around in the channel. This wasn’t just any fix and flip. When you work with most lend - ers, they aren’t going to get past your
INVESTOR REVIEW :: 39
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