Updated over 10 years ago on . Most recent reply
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
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Looking for a private money laon
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
I am looking for a private money loan, I have property secured, it is short sale, I'm buying it about 20% below market value. I need help with financing. If you have cash sitting in a savings account or a CD, or non-performing (or poor performing) retirement account (IRA or 401k), you can put your funds to work.
I am looking to borrow approximately 70% of the purchase price which after repair will represent about 60% LTV. I have funds for the repairs. I will need the loan for at least 3 years. I can keep it longer if you want your money continue working for you or can pay it off in 3 years if you need the funds. The loan amount is approximately $150,000.
Please contact me if you wish to explore this opportunity further.