Looking for private money bridge loan ($2M), willing to pay 14%

[Nathan Seigel]

*No Brokers please*

50 units multi-family property acquisition (all 2bed,1bath)

market rents of $750 per unit

$2.3M Purchase

looking for 95% of purchase, first position lender

offering 14% APR,

12 months term

exit strategy: stabilize and refinance

buyer: has cash reserves -- strong management background -- excellent credit -- currently owns and leases other real estate -- 8 years investing / rehab, with over 25 fix and flips

A. please let me know if you are interested

B. looking for feedback if this is a plausible scenario to find