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Updated about 5 years ago,

User Stats

30
Posts
7
Votes
Brandon Metzler
  • Flipper/Rehabber
  • Brandon, MS
7
Votes |
30
Posts

Lending for portfolio

Brandon Metzler
  • Flipper/Rehabber
  • Brandon, MS
Posted

I currently control 7 properties via Contract for Deed, and have two more under contract in inspection period. The seller on the Contract for Deed contacted me stating that he has a property that he would like to buy and needs some capital, so he has offered me a cash price of $25,000 off of our contract. I’m looking for a loan of $180,000 against the whole portfolio of 9 properties, to pay off the contract for deed and complete purchase of 2. Does anyone have any resources for this? I assume it would be a private loan.

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