Dallas 6 unit multi-family 90% LTV investor
Hi folks - I'm interested in purchasing a 6 door (2 SFH + 2 duplexes) portfolio in Ft Worth, Texas. The asking price is $1M and lender can finance up to $700K. I'm expected to bring $300K in cash to close. I can bring max $200K and property will need repairs. I can bring ~$200K but would like to bring ~$150K, ideally $100K. ARV is $1.1M. Monthly rent potential is $9K/month and seller loan is interest only for first four years then a balloon payment in year 4.
Anyone know lenders that could help me with this transaction and lend me ~$100K - $200K?