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Updated almost 6 years ago on . Most recent reply

User Stats

113
Posts
64
Votes
Donnie M.
  • Rental Property Investor
  • Fairhope, AL
64
Votes |
113
Posts

Looking for Private Money for Dothan, AL 8-unit with details

Donnie M.
  • Rental Property Investor
  • Fairhope, AL
Posted

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

  • Donnie M.
  • Looking for

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