OfflineHello all!
My partner and I are looking for a private investor for a line of credit. We both have excellent credit and 3 properties owned free and clear (worth about $360k all together) but are both self employed and our taxes show a low amount of income. Because of this banks have been turning us down left and right. What we'd like to do is put a LOC against one or more of the properties so that we can start having access to the capital to make all the deals we're coming across happen. Would love for someone to help us out. Thanks so much!
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Jonny Carlson
612.963.3445
"Looking to invest in properties in the Twin Cities"
#FLIP-Faith.Love.Integrity.Positivity.
Hi, Jonny!
Have you looked into hard money lenders? You can find them at REI club meetings...
(or Google).
Happy Prospering! ~Kat, Liberty Residential Investment Acquisitions
• "To every thing there is a season, & a time to every purpose..." ~Ecclesiastes 3:1-8
• "Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy!" ~Dale Carnegie
• "Begin, be bold, and venture to be wise." ~Horace
• "Never, never, never give up." ~Winston Churchill
• "Whatever you do, or dream you can, begin it. Boldness has genius and power and magic in it." ~Johann Wolfgang von Goethe
Send me a PM and let me know exactly how much you are looking for. I might be able to push you in the right direction. No guarantee. but I will try to help...Jan
I too am looking for private money to fund a deal. I found a 3 B\R 2 BA property(Cleveland Ohio area) that was JUST listed for $55k that has an ARV of $120k. I looked at the house Saturday. Needs about $15k of repaires and I might already have it sold. Just need about $75k. I want to make an offer ASAP before someone else takes the property......
Michael Daggett