David Morgan's Discussions
Seeking funding/Private Lender for rehab/flip properties in Tennessee.
Started this discussion. Last reply by Kenneth wood Mar 12, 2014. 3 Replies 0 Likes
Any lender can have 1st lien on property. Looking to purchase/rehab/flip distressed properties in TN. Willing to pay 10% on funds or open to all offers. Let me know what you can or are willing to…Continue
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- Company name and description
- Top of the Line Properties buy/rehab residential properties and either fix and flip or wholesale. Wanting to build company and even do commercial properties.
David Morgan's Blog
Looking For Funding
Posted on February 16, 2015 at 10:19am 2 Comments 1 Like
Looking for Funding for SIngle/Multi-Family home in East TN in the 50k-75K price range with 10k-15k of rehab and a Net Profit of 20K-30K. ***
**Also, looking for commercial loan for 2 Duplex unit that are filled. 6 units that make $450 each for $2700 a month income or $32,400 annually. Approximate expenses are 1100 a month or $13,300 yearly. There is currently a commercial loan in place for 4% that I may try to assume but need 15% down on both properties or around $27,000…
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