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Updated almost 10 years ago on . Most recent reply

Seeking Private Lender: <50% LTV, great credit, personal guarantee with 7-figure net worth
I am looking for a private lender, with rates a little more reasonable then the hard money rates out there. I own 5 properties free and clear, worth about $1.2mil, that I am interested in borrowing against. I am looking for very reasonable LTVs, will provide a personal guarantee, and have a $3mil or so net worth in property and stocks to back that up.
If you are a private lender and are willing to provide reasonable rates for an extremely secure loan, please drop me a line. I'd like to borrow up to $500k or so on those $1.2mil in real estate assets that are owned free and clear. The funds will be used to acquire additional high cash-flow properties.
All of my properties are in California with the exception of my personal residence which is in Nevada (because who wants to pay CA state income tax?).