Looking for creative financing for investment deal in MA

[Michael Montalto]

Hi BP - I have a verbal agreement in place to purchase a condo unit in a 3 unit complex in Medford, Massachusetts. I own one of the 3 units already. I am looking to be pointed in the right direction for portfolio lenders/small banks in the area that will fund this deal. Medford is a VERY good investment town and property values continue to rise. My unit was just appraised and I am getting this deal for about $30k under market value. I plan on using it as 10 year buy, hold and rent strategy. 

Any help would be appreciated.

Thanks,
Mike