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Updated over 4 years ago on . Most recent reply
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Financing on a Single Family
Hey guys!
I have a deal in the works and a tenant who has already signed a 5/yr tripple net lease.
I’m looking to tap into the equity I have in another rental that is owned free and clear.
The home is worth around $70,000.
I would like to connect with someone who would be interested in doing a HELOC or first position mortgage for 60-80% of the home's value.
Any leads would be greatly appreciated.
The offer I have for the new rental needs to be accepted by the 30th of this month, so I’m on a bit of a time crunch to make something happen.
Thanks in advance! Keep rocking those deals!