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Carl Marion
Pro Member
  • Investor
  • Killeen, TX
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81
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Seeking A Private Blanket Mortgage For 134 Unit Apmt Portfolio

Carl Marion
Pro Member
  • Investor
  • Killeen, TX
Posted Apr 22 2019, 19:06

Seasoned investment team seeking a private lender to fund a portfolio in Central Texas:

Total ARV for All assets (134) Units: $12,156,000

Seeking Blanket Mortgage 75% of ARV: $9,117,000 seeking a loan term of 24 months interest only at 9%. $68,378 per month to lender. Property once stabilized will produce $99,900 per month, current income: $86,000.

Please feel free to call me or email at [email protected]

Offering

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