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Updated over 7 years ago on .

User Stats

132
Posts
52
Votes
Malcolm Lawson
  • Annapolis, MD
52
Votes |
132
Posts

Looking for Private Money for a Small Deal That Cashflows Well

Malcolm Lawson
  • Annapolis, MD
Posted

I found a small condo right outside a Navy base for $50K in good shape that I am confident I could rent for $900 a month.  All It needs is new appliances.  That's 1.7% of the purchase price which is very rare in my area.

I could buy this property for all cash but would prefer to finance part of the deal.

I have talked to 4 lenders so far and no one is interested in financing a deal this small. 

If you are interested let me know and I can send you details about the property, rental comps and we can discuss terms.

Offering