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Updated 6 days ago on .

User Stats

1
Posts
2
Votes
Anthony Brown
  • Rental Property Investor
  • Minneapolis, MN
2
Votes |
1
Posts

Seeking Private Lender for Minneapolis Duplex Rehab

Anthony Brown
  • Rental Property Investor
  • Minneapolis, MN
Posted

Hey everyone,

I’m looking to connect with a private lender for a duplex project in Minneapolis that’s close to completion. I need about $25K–$30K to finish renovations (upper unit interior + exterior paint/gutters/roof touch-ups).

• Purchase Price: $195K

• Current Loan Balance: ~$165K

• Renovations Completed: ~$35K invested

ARV: $300K–$310K (based on local comps)

• Equity Cushion: ~$130K+ once finished

Rental Potential:

• Gross rents: ~$3,500/mo

• Mortgage: ~$1,773/mo

• Utilities: ~$200/mo

• Net cash flow: ~$1,500/mo

What I’m Offering:

• Short-term private loan of $25K–$30K

• Term: 12–24 months (flexible)

• Interest: 10–12% annually (monthly payments)

• Secured by the property with equity coverage

• Exit plan: refinance or sale once project is stabilized

I’ve been hands-on with this rehab and am close to the finish line. Happy to share more details, comps and walk-through photos with serious inquiries.

If you’re interested, let’s connect I’d love to make this a win-win deal.

Thanks!

Anthony

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