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Updated almost 7 years ago on . Most recent reply

User Stats

46
Posts
16
Votes
Chris P.
  • Beulah, MI
16
Votes |
46
Posts

Seeking financial partners for real estate portfolio.

Chris P.
  • Beulah, MI
Posted

I am looking for financial partners to build a real estate portfolio. I have two properties at the moment that are cash flowing and I have been able to find great cash flow and COCR deals. The issue is finding funding that will keep the deal financially stable. The hard money lenders are asking for fees and points that make the deals almost worthless with those financing offers. I'm not saying that hard money offers do not have a place because they do. But when they want to charge 15k in fees on a 39k loan, it is hard to justify it for that deal. My ideal partner would be an investor that wants to make 8-10% on the money invested with a hold period of up to two years. I am looking at purchasing around 8 properties this year depending on the financing and deals that I can find. If you are interested please PM me with your contact information.

Thank you.

Christopher

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