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Updated over 8 years ago,

User Stats

354
Posts
149
Votes
Michael Moikeha
  • Investor
  • Portland, OR
149
Votes |
354
Posts

74% LTV in Portland Oregon

Michael Moikeha
  • Investor
  • Portland, OR
Posted

I have an opportunity that may work for someone interested in diversifying their lending partnerships, or locking up their money at a decent rate as the market starts to shift.

We know that times are changing and if anyone is looking to secure funds in guaranteed long term holds in a great market (Portland), check out what we have below.

We have 3-4 properties we are looking to refinance as rental properties and we would rather work with partners/lending partners rather than banks. We would love to work with one partner rather than multiple, but if you are interested in this option but don't have the funds for the full portfolio, contact me and we will see what we can do.

We have 4 properties that we are currently interested in refinancing. Below are the numbers.
Property 1  
  • $900,000 Value
  • SE Portland property
  • $5,300+ rental potential
  • $700,000 lending wanted
  • 77% LTV
  • Prime Portland

Property 2

  • $430,000 Value
  • Oak Grove (Portland)
  • $3,300 rental potential
  • $301,000 lending wanted
  • 70% LTV
  • Large Dividable lot

Property 3

  • $175,000 Value
  • Lincoln City Beach house
  • $1600 rental potential
  • $122,500 lending wanted
  • 70% LTV
  • Double lot

Property 4

  • $250,000 Value
  • East Portland property
  • $2,000 rental potential
  • $187,500 lending wanted
  • 75% LTV
  • Large dividable lot

Total Value - $1,755,000

Total lending - $1,311,000

Totally LTV - 74.7%

Looking for

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