Forums / Getting Technical / Finance / need looking for loan from private investors

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  • Profile photo of kenken
    Participant
    @krakenup
    Join Date: 2017
    Post Count: 2

    Hi we are trying to find private investors to give us bridging finance of $60,000 ,whilst we sell our 7 year old home in south australia , we are prepared to pay in cash upfront 12 months payments , $10,000 which the investor gets to keep ,even if the loan is only needed for 2 months up to 12 months duration until our home is sold.
    We have plenty of security and good credit rating, security will be 7 year old home on one acre of land being sold at $254,000 mortgage of $106,000 and our new freehold property a 3 bed stone home on 5 acres council valuation $118,000. So no risk loan, cash up front, plenty of security , surely there must be a private investor who would like to make a secure $10,000 cash profit for anywhere from 2 months to 12 months loan repaid at settlement on sale of our home. Please contact me on 0438825329 by sms or phone call thanks. Regards ken and margaret

    • This topic was modified 1 year, 9 months ago by Profile photo of ken ken.
    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 11,992

    Hi ken

    Drop me an email with the security address details and I can see whether we would look at under our Private lending Fund.

    Cheers

    Yours in Finance

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me | Phone Me

    0-40 Properties in a decade with a unencumbered portfolio value in excess of $40M. Ask me for a copy of my API Interview.

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