Private Lender 9 unit purchase SC

[Angelica M Garzon]

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!

[Andrew Postell]

@Angelica M Garzon this is more of a residential forum and you need commercial solutions.  Try posting this in the commercial forum and maybe even the South Carolina forum. You'll get more responses there.