Looking for JV Partner on 111 unit Portfolio

[Hunter Estess]

We are looking for a JV partner or a Private Lender who would be willing to take 2nd position notes.

Deal::  3 properties in New Orleans, LA

1.)  21 unit apartment complex-  Valued at 1.4M

2.)  14 4-plexes(56 units)-  Valued at 2.7M

3.)  17 doubles(34 units)-  Valued at 1.2M

Total Property Value = $5,300,000

Total Contract Price = $4,000,000

Objective:  

To find either a JV partner or a Private Lender to finance properties. The seller is willing to Owner Finance with a down payment so the Private Lender could essentially just lend 25-35% and take a 2nd note to the Owner.