[carla1267]

No longer needed, Thank you for the suggestions

[Chellybean]

Originally Posted by carla1267

Looking for someone interested in providing a private mortgage $125k. Terms could be 4%, 5 year balloon with a 30 year amortization or something similar. Mortgage provider would be the only lien holder on the property. This is for a small commercial property located just outside the villages. Excellent credit rating and both Village residents. Any ideas or suggestions, please feel free to respond. Thank you for reading.

If you have excellent credit why don't you go to a bank?

[l2ridehd]

I don't you will find investment money at 4%. Maybe 7% or 8% or lower with a small % of the business.

[JoMar]

Originally Posted by l2ridehd

I don't you will find investment money at 4%. Maybe 7% or 8% or lower with a small % of the business.

Or a larger % based on risk.....4% is low

[graciegirl]

Originally Posted by carla1267

Looking for someone interested in providing a private mortgage $125k. Terms could be 4%, 5 year balloon with a 30 year amortization or something similar. Mortgage provider would be the only lien holder on the property. This is for a small commercial property located just outside the villages. Excellent credit rating and both Village residents. Any ideas or suggestions, please feel free to respond. Thank you for reading.

What Chellybean said.

I find your request strange...……...

[retiredguy123]

It doesn't hurt to ask, but 4 percent is way too low. It probably should be at least 8 percent. Have you tried the SBA loan guarantee process through a bank?