I need a $200,000 loan from angel investor to consolidate my revolving accounts and purchasing duplex rental property in Ohio.
Collateral would be 6plex rental property at 315 E Elm Street, Lodi, CA 95240.
Value $1,125,000 from appraisal in 2019. It’s $1.2-1.3M now.
Current balance $750,000 first deed.
Rental income $7,650 month.
PITI $4,200 month.
I need individual investor to close deal under a week without ordering another appraisal.
We can either make it as interest only monthly payment for specific term OR lump sum at end of term.
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