Looking for a private money loan for repairs on a 9unit bld in TX

[Mauricio Ramos]

Hello,

I am looking for a private money loan for repairs on an active 9 unit apartment building. Asking for $50k, willing to pay 8% interest only for 4 years. The complex was bought through seller finance, therefore the seller has 1st position, this loan would take 2nd.

Repairs as follows:

• New roof $25,000
• Electrical Panels $9,000
• Rehab the 10th unit to make it rent-ready $16,000

Thank you,

Mauricio