PML Opportunity on Great Property in MN

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PML Opportunity on Great Property in MN

Investor · Hugo, MN · Member since 2016 · 208 posts · 68 votes

We are looking for PML Funding for a property under contract in Minnesota.  This home is located on 2 acres in school district with #1 test scores in the state for last 3 years.  Highly desired area:

PP:$375k
Repairs: $120k
ARV: $659k

We are looking for either a single or combination of investors for the project.  Desired interest rate is 10% for 6-9 months.

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  • Lender · Layton, UT · Member since 2012 · 67 posts · 7 votes
    10y

    I believe we can help you.  Reply to my email with more details.  [email protected] 

  • Investor · Hugo, MN · Member since 2016 · 208 posts · 68 votes
    10y

    Hi Irving.  I'll send additional details to the email you have provided tomorrow.

  • Investor · Hugo, MN · Member since 2016 · 208 posts · 68 votes
    10y

    Back to looking for funding for this project.  Bank has included a second parcel for a total of 5 acres or two separate 2.5 acre properties.  Our PML wasn't able to fund at the last minute and we were able to get an extension until Friday.  Need $375,000 to close.  Rate and points are negotiable.

  • Lender · Morrisville, NC · Member since 2015 · 610 posts · 131 votes
    10y

    @Suzanne Griffiths

    Do you still have a financing need? I'd love to help you with your project. I may be able to provide a financing solution that fits your needs. Please feel free to contact me:

    Nathan Click

    [email protected]

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