Skip to content
Private Lending & Conventional Mortgage Advice

User Stats

110
Posts
112
Votes
Angelica M Garzon
Pro Member
  • Rental Property Investor
  • Miami, FL
112
Votes |
110
Posts

Private Lender 9 unit purchase SC

Angelica M Garzon
Pro Member
  • Rental Property Investor
  • Miami, FL
Posted Jan 17 2020, 11:15

Hi everyone,

I am shopping around for lenders for a multifamily property I am under contract for in North Augusta, SC.

Anyone know a local hard money or private money lenders that are familiar with this area?

Deal info:

Purchase Price $195,000

NOI= $30,905

Purchase Cap Rate : 15.8%

Value add plan to raise NOI to $45,954

Market Cap Rate 9.5%

Value Add ARV = $483,726

Thank you!

Loading replies...