Seeking Private Lender for Minneapolis Duplex Rehab

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Seeking Private Lender for Minneapolis Duplex Rehab

Rental Property Investor · Minneapolis, MN · Member since 2020 · 1 post · 3 votes

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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  • Mayo GilfurtPro Member
    Real Estate Consultant · Connecticut Ct · Member since 2026 · 130 posts · 30 votes
    7mo

    Thanks for sharing — looks like you’re close to the finish line. I work with private lenders that provide small bridge capital for projects in late-stage rehab, assuming senior lender consent and clean equity coverage. Happy to connect offline if helpful.

  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    7mo

    Happy to connect

    LuxePrivate Investments LLC 572 Reviews
  • Mayo GilfurtPro Member
    Real Estate Consultant · Connecticut Ct · Member since 2026 · 130 posts · 30 votes
    7mo

    Anthony — checking in to see if you’re still looking to place this $25–30K short-term private loan or if the project has already been wrapped up.

    If you’re still open, I work with a small group of private lenders who focus on equity-backed bridge capital and may have interest depending on current status and timeline

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