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Updated over 9 years ago on .

User Stats

123
Posts
123
Votes
Matt Skinner
  • Developer
  • Los Angeles, CA
123
Votes |
123
Posts

Looking for gap funding for $350k for 120 days - will pay...

Matt Skinner
  • Developer
  • Los Angeles, CA
Posted

I am looking for gap funding (second position deed of trust or willing to be creative) for $350,000 on a 125 unit multifamily deal in Dalton Georgia.

Purchase price is $1M.

Current NOI - $130k (12 month trailing)

Lender appraisal shows current value at $1.33M

We have $150k and just need $350k for 3 to 4 months while the balance is syndicated.

Will make it worth your while.

Must fund by September 22.  Close by September 30.

Please text/email/call to discuss.

Matt Skinner

www.12SRE.com

818-419-0202

[email protected] 

Looking for