Seeking $100k Loan on Existing 4Plex in Phoenix

[Michael Vallee]

Seeking Investor for a loan on a 4plex I own that appraises at 230k I have 80k 1st and seeking loan of 100k 2nd at 5.5% secured against property.

Property gross rent is $2450/mo to my current mortgage payment of $600.

$568 payment
$204,404 total loan value

Can be run though a servicing company. Leases are available. Proof of deposits. You can visit the property.

My loan fees (points) will be that I will pay any set up fees and attorney fees, recording fees to document arrangement.

$ is needed to fund other real estate projects. Willing to consider involving the right partner on future deals.

Thank you for considering