Updated over 6 years ago on . Most recent reply
Lending for portfolio
I currently control 7 properties via Contract for Deed, and have two more under contract in inspection period. The seller on the Contract for Deed contacted me stating that he has a property that he would like to buy and needs some capital, so he has offered me a cash price of $25,000 off of our contract. I’m looking for a loan of $180,000 against the whole portfolio of 9 properties, to pay off the contract for deed and complete purchase of 2. Does anyone have any resources for this? I assume it would be a private loan.