Private Lenders Wanted

7 Replies

Hey guys. I'm wrapping up repairs on a duplex I own, looking to expand my purchases to multifamily properties in the SW Florida area, focusing only on Sarasota and Fort Myers. I'm seeking a private money lender that would like consistent returns on their money. My current numbers on my property are purchase price $146,000 / monthly income of $2,600 (with about $600/month in maintenance) / cap rate of 16%.

I'm currently seeking advice and pointers on how to go about finding a good, dependable lender that would like to benefit from me scaling up identical opportunities in the area I've found.

sounds like you need an equity partner..

Definitely open to it! Any idea where I can find some?

Let's talk about a different approach so you are not carving up all your profits.

Originally posted by @Charlie Fitzgerald :

Let's talk about a different approach so you are not carving up all your profits.

 Hey Charlie, I sent you a request, feel free to reply and let me know what you suggest to avoid losing cash flow. Thank you!

@Matthew Spiers

Feel free to PM me. I am in Naples but do most of my buy and hold in Cape Coral.

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