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Forums » Seeking Financing, Money, or Loans » looking for 3 year financing on rental properties

looking for 3 year financing on rental properties Subscribe to looking for 3 year financing on rental properties

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Tag Tags: good-cash-flow


Tom Lakey

Real Estate Consultant · Provo, Utah


Forum_avatar_avatar-tomlakey

Aug 14 '10, 12:15 PM

Experienced landlord looking for private lender for already owned rental properties. Properties are on the low end (under $30,000) rehabbed, rented with a good cash flow. You get first mortgage with the property placed in a trust with you as trustee. three year notes paying 8% to 12% Freeing up money to buy more properties.


Steve McVey

Landlord · Hendersonville, Tennessee


Forum_avatar_avatar-xrustyx

Aug 14 '10, 01:37 PM

Tom, I'd be interested if you found someone! 3-5 year notes, I would certainly love to find -- Outside of HML's.


Jeffrey K.

Real Estate Investor · Milwaukee, Wisconsin


Forum_avatar_avatar-koenigjl

Aug 14 '10, 01:49 PM

Any bank will bundle them on a 3 year ARM for around 6.5% if they are worth anything and you know what you are doing.


Curt Davis

Wholesaler · Memphis, Tennessee


Forum_avatar_avatar-curt

Pro

Aug 14 '10, 02:13 PM

I can get you private financing:

40%-50% down payment
9.75% rate
5yr note
will be paid off at end of 5th year.

The catch is you have to buy from our company.

Small_buymemphisnow_stacksCurt Davis, buyMemphisnow.com
E-Mail: crtdavis@gmail.com
Telephone: 901-881-0552
Website: http://www.buymemphisnow.com
Full Service Real Estate Investing in Memphis TN




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