Updated about 10 years ago on . Most recent reply
Need private lender who can loan under 100k
I am looking for private money to help fund a condo purchase in the central florida area
The purchase price is 69k and estimated rehab is another 15k
I have experience in this condo complex and have one other unit renting on average for 2300 a month. It is a vacation rental.
This condo is non warrentable due to high investor ownership in the complex.
I have had commitments from a few lenders on this forum only for them to review the deal and back out due to the lower than 100k loan amount or the non-warrentable status.
I am looking for a 4 year term, 30 year amortization with a balloon payment at the end of 4 years.
Please reply to this thread and/or email loan proposals to agvacationrentals (at) gmail.com
Thanks



