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Apartment Investor seeking Direct lender for Undervalued Apartment Acquisition 43% LTV

Seeking direct lender that will lend to an investor for an undervalued Apartment opportunity in Memphis TN.
353 Units, Purchase Price $4,610,000, Down Payment $2,610,000
43% LTV
Two year Max note requested seeking 6% Interest only
1st Position with Corporate Guarantee
Buyer will pay down note $700,000 within 180 days leaving a balance of $1,300,000 for the term of the note.

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