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Updated almost 6 years ago on . Most recent reply
Looking for Private Money for Dothan, AL 8-unit with details
I have an 8-unit that I purchased via owner financing with a balloon that is due on June 15th. I am looking for short term financing (6 months to a year) of 136,000 secured by the 8-unit property which will pay off the entire balloon.
I would also be even more interested in long term financing with a note somewhere in the 15 - 20 year range and with a loan of 190,000 - 200,000.
If you are affiliated with a portfolio lender who wants to message me then please reach out too.
334-312-1632
6/8 rented with last two at near completion on the rehab. Rents range from 395 - 495. 10% PM. $64 monthly pest control. $75 monthly garbage, $1500 yearly taxes
WIregrass, AL, southwest GA, Fort Rucker, Eufaula, Dothan, Enterprise