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jschwartz
471 Posts |
 Posted - 03/27/2008 : 5:51:14 PM
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| Borrower owns Los Angeles lot free & clear. The lot is in escrow as a pending sale for $250,000. Using 70% of the $250,000 and the loan amount being $40,000 this LTV is only 23%. Borrower has fair credit and we would need to go stated. Anyone able to do this? |
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privatecash
1283 Posts |
Posted - 03/27/2008 : 6:06:26 PM
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| We have several private investors who can do this loan. Need to know location in L.A and other details. Email info for pricing. |
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igonzalez
213 Posts |
Posted - 03/27/2008 : 9:28:09 PM
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Is it a commercial lot or residential lot?
If Commercial I can offer up to 40%.
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Jack Straw
957 Posts |
Posted - 03/28/2008 : 12:36:03 AM
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Sounds like a very doable deal.
Best Regards,
Gillee Sherman, California Equity Lenders, Inc.
(818) 584-2318 - Direct
(818) 522-9307 - Cell
(818) 337-2262 - Fax
gillee@calequitylenders.com
www.calequitylenders.com
Easy ‘Hard’ Money for the 21st Century
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Equitybased
690 Posts |
Posted - 03/28/2008 : 07:22:39 AM
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Joe,
I just left a message for you in the office. Call me later today and we can go over pricing/ |
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