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Updated almost 5 years ago on . Most recent reply
Anyone Lending 100% in a cash-flowing rental property?
I just saw a property in Georgia that's cash flowing well. Any lenders that'll 100% fully fund?
I can pay closing costs, purchase price of $140,000 and $1,800 of rent coming in.
Assuming it's fully funded, 25% set aside for vacancy/repairs/cap ex, PITI aside, we net $330/monthly
Anyone have any recommendations for lenders that'll charge pretty fairly on interest rate?
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Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
Grandma and Grandpa mom dad uncle cousin.. or put together a little group of investors and pay cash.
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