Private Lender Looking for Mailbox Money Wanted

[Jonathan Chan]

Hi,

I'm looking for private money lenders, not HML or conventional lenders, who prefer to set their money collateralized against existing, stabilized long term rentals in AL and TN. I have a bunch of equity in 7 properties in those two states that currently have 3-4% interest rates. I'm looking for someone who'd be happy to come in 2nd position for 3-5 years and receive interest only payments with a balloon at the end of the term. I can provide HUDS, lease agreements, mortgage statements and property P&L's from my PMs.

Security documents you will receive from me:

- Promissory Note

- Title policy

- Deed of Trust

- Personal Guarantee

Thank you!