Seeking Private Lending

[Arsen Atanasovski]

Seeking private lenders to lend in properties in Michigan. Specifically in the Macomb and Oakland counties.

There are many ways we can structure these deals 2 popular ways I have been creating is

1) PL comes in at 15-20% LTV (Appraised)

- create business entity and obtain a loan from 75-80% LTV.

2) PL comes in at 90% LTV (Appraised)

Loan terms are usually 3-5 years with 8-12% interest depending on how good the deal is.

I do not fix and flip these properties are 90% of the time ready to rent at day of closing and producing income right of the bat!

I of course will comp the area for selling price and also comp for rent price rate, this will determine the terms of the loan.

If you are interested please connect with me or send me an email I would love to send you some of my listings for you to review!

[email protected]

Many years of experience with a solid team and producing great returns year after year! 

Thanks