Wanting very small loans for high cash-flow rentals
I am looking for a private lender willing to lend as little as $30,000 in Illinois. There are a few sub-$60k, currently rented, perfectly decent homes that I would like to get.
I am willing to consider
- interest only
- short-term (min 2 years) and long term
- high rates (TDB but very high single digits to low double)
- low LTV
Although, I would prefer a longer-term note holder I have no objection to a 2 year term with balloon payment at end, for instance.
please - DON'T CALL. Send me a private message only.
thanks!
Looking for