Updated over 17 years ago on .
Seeking information
OK, I am in need of SOMEONE who can help me out. I do not know what has happened to this industry, it is as though asking for money for a property is some sort of voodoo curse. I am looking for someone who is willing to lend money on a property so that I can keep it as a rental. I have a balloon payment that is due and I do not have the 65K that is required. I have had 2 different financial establishments appraise at 88K and 91K respectively.
I can rent the 2 structures on the same lot for a total of $1200.00 - $1400.00 /mo.
The structures are a 2 bed 1 bath and the other is an efficiency. There is no way to lose on this deal, yet I have difficulty trying to find the right person who is interested in financing this. It is an absolute “no brainer”! If you are the one who can help please respond top this ASAP as I am running out of time. I have been a landlord for over 10 years so I know how to run a rental operation and make money.
BW