An investor in Florida has asked me to find $60,000 for a duplex he owns. He stated however, that he does not want a second lien position, or a HELOC. He is looking for a cash partner or a non-bank line of credit (i.e. no credit cards). Use of fund for down payment on a 4-plex with the duplex as collateral. This investor has 12 years of experience, 720+ FICO scores, and good cash flow from his current investment properties.
This is all I have at the moment. I can get more information.
Please email me at: email@example.com
Thanks in advance.
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The investor has decided to 1031 this property.
Thanks to all who offered to help.