Private Loans LTV Ratios

[James Register]

Is This Possible? 

I need to know are there any PRIVATE LENDERS anywhere, not hard money lenders willing to lend at 6% on a ready to move in home with a 20% equity position. Let me explain:

My friend wants to buy a ready to move in single family home and lease the home to a deserving family on a lease to own basis. 

Good Example: $100,000 appraisal  value, purchase price $80,000 (20% equity). The owner is offering a 10% discount and he is bringing $10,000 to the table. He needs to finance $80,000 (80%) for 36 months. 

He is planning on selling the home on a lease to own deal . He wants all the benefits of property ownership and a fairly safe investment.