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08-30-2017, 03:03 PM #1
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
18 rental homes blanket equity loan
Got a merchant with a few projects on his plate seeking a funding solution. No application fee lenders need reply.
These folks are quite interested in Iroquois Farm and CARI (for profit and on profit organic farms(acreage!)). However they are invested in 18 residential rental units, and are looking for a non-commercial lender interested in funding this Ag/Commercial project, with a $1M appraisal, at less than 80% down. I believe the asking price they are looking at is $800K, so would want to borrow $640K. Looking for suggestions?
Thanks,
Properties are in Washington and Illinois. Occupied and leased.
Steven jones
2102904102
www.davincinc.com
Mobile email davincinc@outlook.com
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