Updated about 4 years ago on . Most recent reply
Seeking Private Funding for Refinancing
Investment Info:
Industrial private money loan investment in Montgomery.
Purchase price: $380,000
Cash invested: $50,000
I bought and developed this property, I have a 2,500 sq ft and 3,500 sq ft office warehouse, as well as a 1,500 sq ft 3/2/2 home office with a fenced yard. All three buildings are leased out. I have a bank loan of 6 1/2% interest, 30-year amortization with a 5-year balloon. I am seeking a private money lender with a better interest rate to refinance for a straight 30-year mortgage. Please contact me if anyone is interested.