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Rudy Dvorak's profile image
Rudy Dvorak's profile image
Rudy Dvorak
  • Investor
  • from Newport Beach, CA
  • Member since Jun 12, 2017

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Rudy Dvorak's profile image
Rudy Dvorak's profile image
Rudy Dvorak
  • Investor
  • from Newport Beach, CA
  • Member since Jun 12, 2017
Rudy Dvorak
  • Investor
  • Newport Beach, CA
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Creative Real Estate Financing

open to 6ish % private loan secured by property

Rudy Dvorak
  • Investor
  • Newport Beach, CA
Posted

i have 4 properties and 27 tenants in socal over 4 properties.  all props have fixed loans at less than 3.8%.  I have $3.1M in equity.  looking to build adu's and jadu's and looking for $500ish K.   Anybody can point me in right direction would be fantastic.  Sorry if this is the wrong forum....always open to learning thanks   I might also ask does this equity information provided to public may open me up to scammers and crooks?  thoughts?

Los Angeles County, California
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Chris Seveney's profile image
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Chris Seveney
  • #3 All Forums Contributor
  • Investor
  • from VA
  • Member since May 23, 2015

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Chris Seveney
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Chris Seveney
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  • VA
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Chris Seveney
  • Investor
  • VA
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Quote from @Rudy Dvorak:

i have 4 properties and 27 tenants in socal over 4 properties.  all props have fixed loans at less than 3.8%.  I have $3.1M in equity.  looking to build adu's and jadu's and looking for $500ish K.   Anybody can point me in right direction would be fantastic.  Sorry if this is the wrong forum....always open to learning thanks   I might also ask does this equity information provided to public may open me up to scammers and crooks?  thoughts?

are you looking for financing around 6%. That is not gonna happen. If its private money expect to pay 10-15% (probably closer to the latter). Your best best wouuld be to see if you can get a LOC from a bank or another lender.

  • Chris Seveney
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