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wisekingdom
8 Posts |
 Posted - 01/25/2008 : 11:38:36 AM
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First Scenario...
12 million loan amount
65% LTV
Stated Income
Over 3 Million in liquid assets
SFR
California
720+ score
Cash-out Refi
Second scenario
45 Million
55% LTV
Full Doc
50 million in assets
SFR
California
620 Mid < ---------
Cash-out Refi
Looking for back-up ideas.
Thanks
M~ |
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dkendall1979
10119 Posts |
Posted - 01/25/2008 : 12:23:38 PM
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Initials M.J. ??? If so, this deal has been shopped to death. Put out an LOI to a black hole about 3 months ago.
45 Million
55% LTV
Full Doc
50 million in assets
SFR
California
620 Mid < ---------
Cash-out Refi
Email me offline about scenario #1. If it's in Indian Wells, I'm not interested. |
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mantixmortgage
2717 Posts |
Posted - 01/25/2008 : 12:32:58 PM
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| his mid was 487 though i think |
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mwgreco
1202 Posts |
Posted - 01/25/2008 : 12:34:44 PM
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| If M.J. had 50M, he wouldn't be in foreclosure.. |
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saloutpost
128 Posts |
Posted - 01/25/2008 : 8:06:03 PM
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Give me a call and lets discuss options
Sal
301-570-0335
beneficial_financialsolutions@msn.com |
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brokerintheskye
2428 Posts |
Posted - 01/25/2008 : 8:41:05 PM
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| Hey David are you feeling DEJAVU? |
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waynepbright
3660 Posts |
Posted - 01/25/2008 : 8:53:30 PM
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WWW.LUXMAC.COM |
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EMScommercial
5138 Posts |
Posted - 01/28/2008 : 12:09:10 PM
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it's interesting to see the county docs on that property - if it's mj's.... surprisingly, mj has it in his personal name!
just a side note.... can you imagine having THAT mortgage payment....
i guess where he's living now - dubai - they don't care about his past.... or his foreclosure....
have a great day....
p.s. luxmac - don't send them your loan if you want to get paid.... beware.... not here to cast stones... but they are hard to deal with then when you give up... they go back in behind you and close it in their name.... or that's what has been reported.... i know we won't use 'em..... |
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