Seeking 6 Month Loan To Purchase 6 Unit Property in MI

[David Lauka]

Hello BP - I am seeking a 6 month loan to purchase a 6 unit property in Kalamazoo, MI.  The property is already fully leased and turnkey style already bringing in $35,000 in rent/year.  Utilities, property taxes, snow removal, etc. were about 10k last year.  The asking price is  $140,000.    The property belongs to one of my property managers' other clients and she is already managing the property so it will be a very smooth transition and is a very safe bet.  I am open to hearing about any terms and conditions.  Please feel free to reach out if you  have any questions/concerns or if there is any additional information you'd like to help make a decision on lending.  My credit score is around 800 and I currently own one other investment property.  Thanks!