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Updated about 5 hours ago,

User Stats

4
Posts
1
Votes
Darien Hernandez
  • Real Estate Agent
  • McAllen TX
1
Votes |
4
Posts

Looking for private money to fund a note

Darien Hernandez
  • Real Estate Agent
  • McAllen TX
Posted

Looking to connect with an investor or a company to fund a note owner finance. I am a real estate agent and I have a client who proposes these terms. 

Purchase price: $108,000

Down Payment: $25,000

Interest rate 11%

Balloon: 36 months

Prepayment Penalty: None

Property is in Mission TX it is 5 units, currently 4 of them are leased for a total of $1,550/month