We have many years of landlord and investment experience, we are seeking a funding source that can provide 90% LTV. We are willing to put 10% of our own cash down on each deal. 10 - 20 year notes. 8-16% interest.
I have a personal credit FICO score above 765, 100 % on time payments, My business posses an 80 paydex score, also 100% on time payments.
There is a huge opportunity in the residential rental market in select cities in Florida. We have viewed 5 great properties that are cash flow positive and have potential for increased revenues.
The total price of the combined properties is $1,500,000. We have $150,000 cash to put as a down payment for these properties. Would like to establish a long term relationship with the proper funding source for future projects as well. Have a great day!