Seeking Private Money SE Michigan
I'm seeking a private money loan for a 3/1 single family in Ypsilanti, MI. $25K cash offer has been accepted and closing is scheduled for 11/19. ARV is $35-40K. Long term plan is buy and hold. Rent $850-$900. This would be my 7th rental property, 6 are paid off, all are rented. I currently have the cash for purchase but looking to stay liquid as I have 2 other properties (duplexes) in the works. This is not a brick home but does have a one car garage. Repairs should be between 3-5k. I have my own team for the repairs (family).
Send me your terms if you're interested.
Bill