Seeking Funding - (2x SFR/90k) + (7 unit Multifam w/rehab)

[Josh Stack]

Hi,

I have two deals for which I am currently seeking funding.  Both have good fundamentals underlying the purchase and will cashflow nicely.

Deal 1 - I can purchase 2x single family rentals for 90k total.  Both currently rent fo $900/month but the rental upside is $1050-1100 once we turn the tenants over.  I'm seeking private money to fund this deal with a reasonable interest rate and a long amortization.  A balloon payment after 3 to 5 years is OK.

Deal 2 - I am under contract to purchase a 7 unit multifamily spread across 1 acre for 150k.  Three of the units are rentable and will bring in $1600-1700/month.  The other four one bedroom cottages need complete gut rehabs and this is where the real value is created in the deal.  After all units are rehabbed and rented, the whole property should have revenue of $3300-3800/month.  I'm seeking private money to fund the purchase of these properties and also fund the rehab.  A refinance at the end would be ideal once the property is stabilized.  We are hoping to commence work in January after closing on the property in December.

We are open to all reputable solicitations for funding of these deals.  Offers should be reasonable and in line with the market.

Thanks!