Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

511
Posts
345
Votes
Christopher Blanco
  • Real Estate Consultant
  • Cleveland, OH
345
Votes |
511
Posts

11 Property deal with less than 60% LTV in Euclid, OH

Christopher Blanco
  • Real Estate Consultant
  • Cleveland, OH
Posted

Looking for financing for a property portfolio in Euclid, OH. I have a partner that is going to be securing 30% stake in the purchase, looking to finance the other 70% of the purchase. The package is worth around $1M (BPO from 3 months ago states a conservative estimate of $955K). Contracted purchase price is $800,000. I have a partner who is going to supply a 30% stake of the purchase price and I need financing for the remaining $560,000. This would be a 1st position lien on $1M worth of property for $560,000. Looking for a 20yr amortization. 

Properties are under contract and we are ready to move. Please contact me ASAP if you are interested. 

Looking for

Loading replies...