Looking for a private lender

[Mark Lawson]

I am looking for a private lender for a second position at $250,000 for 12 months or less for a property in east TN. There is close to $1m in equity even for 2nd position. I have owner financing for about 40% of the purchase price and I am paying down $700k so still looking for around $250k. Will either pay a very good rate of return or an equity partner on the project. This is a mix use of commercial (RV Park) and residential development. This is a lakefront property with over $1.5m in improvements (commercial buildings) and 150 acres of prime land. 

There is a new residential development about 900 yards from the property that has sold most of the lots at $100k per lot which are 1 acre lots and this land offers more amenities.