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Updated about 10 years ago,
$75,000 - 30YR HML - 3YR Payoff Strategy
I know 30YR HML are not common but I am looking for a lender who can lend $75,000 on a 30YR note. My investment strategy would have the Lender paid back in full at 2-3 YR mark. The 30YR note would be my 3rd exit strategy. Vacation property, 21% Cap Rate, with rents documented and verified by Owner, Realtor & Investor who owns 4 of the same units. HML would have 1st and only lien position. Vacation TOWN HOME (Not Condo) in Florida. Could take on partner but would prefer HML.
Message Me for specifics.
Thank You
Jonathan