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Updated over 8 years ago on .

User Stats

104
Posts
13
Votes
Christian Lincoln
  • Contractor
  • new paltz, NY
13
Votes |
104
Posts

Looking for Private Lender on Fantastic cash flow rental property

Christian Lincoln
  • Contractor
  • new paltz, NY
Posted

Hudson Valley Property. Selling or Looking for Temp. lender.

Two structure, one lot, 3 acres, grosses 63k, nets 35k (with high interest loan). Rent Roll: 5,250 a month. Either looking for a buyer asap (as my note with previous owner comes due at the end of this month) or to sell it - which I'm not so happy about, because of the cash flow, but I didn't make enough salary to go to bank (I don't think).  My credit is good.  Market Value @ 330,000   Remaining balance: 180,000. 

Re: A loan,  I'll offer up to 8 percent for 2 years to an investor. Collateralized against property. Can show copies of every mortgage payment made in two years I've owned it and good credit score.

Thanks You,

Christian

Offering