Hi everyone,

I am a fairly new real estate investor in Oklahoma City and I am looking for a hard money lender for a great single family investment property. I currently own 1 single family rental and have partial ownership of another single family rental. I have recently started a real estate company with plans of owning long term hold multifamily real estate in the future. We are also working on wholesaling in the Oklahoma City market and I have come across this deal that I believe would be a good addition to my single family portfolio. I am buying a few single family homes before moving up to multifamily in order to learn the property management systems necessary to better succeed in multifamily.

The property that I would like to purchase is a 940 sq. ft. 3 bed, 1 bath house in a B- area of Oklahoma City. The price at which I can get the property for is $53,000. There are currently 4 different parties of prospective tenants who have already submitted rental applications and would like to move in as soon as possible. The current rent price is $725/mo. This would allow me to have upwards of $350 per month in cash flow if I were to put a $10k downpayment on the property and finance $43k. 

If anyone knows of a good hard money lender that would give me the opportunity to speak with them I would love the help! I could potentially pull out a line of credit on my other properties to purchase but there isn't much equity to access yet. Please let me know if you guys have any thoughts or ideas for my situation. 

Thanks in advance and I hope everyone is having a killer week!