DOWN PAYMENT NEEDED!!! 10 unit apartment complex Stockton Ca

[Jimmy Mozingo]

I am looking for an investor or PM lender to help fund my deal on a 10 unit apartment complex in Stockton Ca. 100 % occupied. Nearly stabilized with 4 units left to renovate or upgrade. Large upside in this opportunity zone property. Cap rate of 6.4% time is of the essence. 

930k loan 70k rehab. 

I am offering 10% on 300k for 12-18 months interest only payments or a cash out option at time of refi of 12%. No upfront costs, no prepayment. Your loan would be in 2nd position until paid off. 

If you are looking for an excellent return on your investment in a relatively short period of time, this is it. No tricks, no scams, no gimmicks. 

I can provide you the OM and rent rolls if interested, but if you really don’t care about that stuff, cool. Let’s just get this thing purchased. I will take care of everything. I just need the down payment. I have everything else in place. 

Please only serious investors or private money lenders respond please. 

Option #2, if you want to partner up on this outstanding deal, i am open to that too!

Call me at 916-546-2412  Jimmy

This deal will not last long, so please hit me up and we can discuss the nitty gritty.