Updated almost 12 years ago on . Most recent reply
Newbie looking for Funding
I am looking for a private money partner to fund the purchase of lower priced properties to build a sound rental portfolio. The St. Louis market offers a unique advantage because of its relatively low prices in working class areas. This allows for excellent investment returns with lower risk.
I currently have a move-in ready 2 bed, 1 bath, 1 car garage house under contract for $17,000. Motivated seller. Homes in the area rent for 650 or higher. Looking for private funding to acquire this property.