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Updated 5 months ago, 07/27/2024
Opportunity to Lend
This is a deal I've had my eye on for awhile. Is anyone interested in funding the down payment for an 8% payout in monthly installments (balloon payout date to be discussed)?
The financials look great (provided with link). I am local and have spoken to the selling agent and a commercial lender.
There is a good property management company already in place and I will likely keep them in place for an easy transition.
Let me know if you're interested.
https://www.loopnet.com/Listing/Stearns-Terrace-and-The-Heights/31141842/