Can you fund this multifamily loan from Washington state?

by Ryan Smith10 Oct 2014
When you’re looking to fund a tough loan, check out our Lenders Wantedsection. You can post the loan details for MPA readers to consider. And if you’re a lender who eats tough loans for breakfast, you can reply to let the poster know you can help.

Here’s someone looking for a loan on multifamily in Washington state:
 
I have an investor in Yakima, WA that has 3 duplexes that he needs financing for. They are all newly completed construction and he just wants to pay off the construction financing, about $100,000 on each one. Each duplex is identical, but in different areas of town. They all have good rental revenue compared to costs and should all appraise over $175,000. Please contact me if this looks to be of interest. Thank you.

Know how to help? You can reply to the poster here.

Want to check out other loan scenarios? Click here. Post your own tough loan in our Lenders Wanted section by clicking here.

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