Rather Use Private Money - Long Term Funding Partner Wanted

4 Replies

I've been on a self imposed buying freeze. I knew I needed to learn to optimize my holding before buying more rentals.

Well, I'm at the point where I'm able to cover 63% of my mortgage with ancillary income. I still collect rent from tenants, but the additional income centers I've created make me 63% more profitable than prevailing market rents project.

So, the 8-unit complex down the street is for sale. I'm planning to buy it and implement my 40 Ways strategy to double the NOI within 3 years.

Let me know if you're interested in helping me finance the $625,000 building.

Originally posted by @Al Williamson :

@Copelon Kirklin - hey, your money is too expensive for my situation. I'm not making any sudden moves.

I'm open to traditional and creative options. But not at hard money rates.

I don't want you to get the misconception that a few posts regarding hard money and revolving lines of credit are what I'm limited to. As a private money broker, I function exactly like a mortgage broker, with the exception of primary residential mortgages. I have access to several lenders and their respective products. I asked whether you preferred traditional or other options because I can arrange financing for most investment loan scenarios. For multi-family properties with loan requests above $400K, I have a bank product for that. Cash flow and value are more important than FICO with this product. If you're interested in discussing, shoot me a PM.

This post has been removed.

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here