I have an opportunity to purchase an off market duplex in Clearwater, Florida. The purchase price is $375k. I am able to put 10% down. The seller is willing to carry a 15% down which would give me 75% LTV. I have good credit and currently own my own home and another rental property. 

This duplex is occupied by 2 renters, each paying $1400 a month for a total monthly income of $2800 a month. The property is in average condition but no major rehab is needed. This would be a long term investment property for me. One great thing about this property is that it is just 4 blocks from the Gulf so beach proximity makes this a very high demand property. The seller inherited this property and would rather sell it to an investor like me than to put it on the market and pay a Realtor 6%.

Can any of the lenders out there do this loan with me putting 10% down and using a 15% seller carry for the rest of the down payment? Good credit, close to $100k verifiable income for me.

Thanks.

Jamie Cafaro

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I can do this loan for you if you can put 15% down. I have an option to allow for a 10% carry on 1 to 4 unit purchases. Rate and term you would be at 6.75 to 7% with 700 credit score on a 30 year fixed.

Lisa

 Jamie Cafaro :

Please send your client's related project information for our investor initial underwriting.

Regards,

David Lee

https://davidwkleeglobalfunding.com

Jamie, we will be happy to do this loan, please fill out the form so we can give you a quote.  Thanks. 

Reggie Truss/loanfather336@gmail.com

Reggie TrussVFS%20Loan%20Quote%20Request%20%282%29%20%281%29.pdf

Jamie,

Reach out to me if you are still looking for funding, I can do the loan for you.

My name is David lessnick with Lenders Capital ( private person lending ) and can do a loan at 5% interest rate.

davidlessnick@lenders-capitalllc.com, davidlessnick@outlook.com

702-551-6718

I’m lending now 

no hidden fees 

contact me

davidlessnick@lenders-capitalllc.com

702-551-6718

Contact me for more information 

robisonj20@gmail.com

+1 6618294055

Jamie,

Affirmative.

25% Down  = 10% Buyer Down + 15% Seller carry

Pretty standard & totally doable

Ron...

Hello Jamie, hope you are staying safe with this pandemic we are facing. If you are still seeking financing  I may be able to help

Visit my webpage and complete the application, once I review your request I will call you.

                                      www.financeneeds.com

Have you received funding for this project yet? If not i maybe able to assist you. Let me know when you have a moment at carlos@cdccapitalpartners.com

Thanks for your time

Carlos

Please contact me on tomaswood@mail.com

REAL ESTATE LOAN`S 80% LTV TO 90% LTV  
To investor
I represent a nice solid lender that can get you great rates on Multifamily properties plus any Apartment properties throughout America.So if you are looking to Purchase, Develop or Refinance, they could do  A to D credit. They would fund Apartment properties from 180,000 to 100,000,000 only to the direct investor.However,if your fico score is under 550 you would pay 75% LTV. So here is the nice rates they are offering, if interested just click on the link below or copy and past OK Thank You

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