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Updated almost 11 years ago on .

User Stats

605
Posts
103
Votes
Anil Samuel
  • Investor
  • Baltimore, MD
103
Votes |
605
Posts

Looking for Private Money to Refinance Property in Lakeland FL

Anil Samuel
  • Investor
  • Baltimore, MD
Posted

I am currently in the middle of trying to finish a refinance with a local bank.  There is a possible survey issue so I may not move forward with the bank's offer.   I have owned the property for two years and I am looking to obtain funds for my next rehab.  If anyone would like to lend $50k at 5% on a house that is worth $72k.  I have the appraisal and everything.  The area is a great neighborhood and the tenant does not want to move since they have been there now going on two years.  I have had steady income since April 2012 and the rent is $825/month.