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User Stats

1
Posts
0
Votes
Hunter Schenk
0
Votes |
1
Posts

Looking for Lenders

Hunter Schenk
Posted Jul 3 2024, 10:09

Looking For lenders for a couple projects. Let me know if you can recommend someone or can lend on either or both of the following projects.

Location 1: Rural Branson Area

5 duplexes on one plot (10 units total)

i have owned these for the past 3 years, its time to do some much needed cosmetic updates and get more rents.

I have not had any issues keeping these units occupied at 850 a month. 

Numbers:

Owe-528k

Rehab-175k

ARV- 1.25m

Who can lend on the rehab and who can lend on a cash out refi after?

Project 2:

Location- Hermann MO

We are building out a 40,000 sqft existing building into 35-40 multi family units. Already got zoning changed and preliminary with project approval. I do have a couple loan offers on this. 

Numbers:

owe-180k

rehab-3m

Arv- 6m

Thanks

User Stats

67
Posts
64
Votes
Gary Nelson
Agent
  • Real Estate Agent
  • Branson, MO
64
Votes |
67
Posts
Gary Nelson
Agent
  • Real Estate Agent
  • Branson, MO
Replied Jul 4 2024, 18:33

I work closely with a local private money lender that would look at funding either or both projects if needed. Just message me and I will get you connected!