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 Search for: Land Refinance (35%LTV) - Charlotte, NC.
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moneyde836

87 Posts

Posted - 05/11/2008 :  9:46:21 PM
(Lenders Only) Please advise of your interest level regarding the following deal scenario:
More details available upon request (Appraisal, Exit Strategy, etc..).

* Seeking $197,750 loan (commercial land refinance - 35% LTV based on 2006 appraised value)
* MAI Appraised Value in 2006 - $565,000 (today's land value estimated by local realtors $625,000)
* Existing balance - $120,000 (balloon date in June-2008)
* Loan is current.

Positive: Equity in property; Excellent location in Charlotte, NC.

Negative: Borrower credit scores in the mid to high 500's; Need to Close in 2 to 3 weeks.

Time Is Of The Essence!

Myron Alford
803.865.4010
amcommercialloan@aol.com

EMScommercial

3736 Posts

Posted - 05/13/2008 :  12:07:28 PM
Doesn't look like you received much of a response....

Did you ever find a home for this loan?
directcap7

44 Posts

Posted - 05/13/2008 :  12:09:37 PM
We can do this loan, email me.
directcap7

44 Posts

Posted - 05/13/2008 :  2:27:59 PM
We can fund this loan, email me.
Banker0679

6480 Posts

Posted - 05/13/2008 :  2:42:20 PM
We can pay you on this loan, email me.
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moneyde836

87 Posts

Posted - 05/13/2008 :  2:48:37 PM
No home yet..

quote:
Originally posted by EMScommercial

Doesn't look like you received much of a response....

Did you ever find a home for this loan?

This User is a Premium Member, Click Here to Learn More!
moneyde836

87 Posts

Posted - 05/13/2008 :  2:49:50 PM
Send me an email at amcommercialloan@aol.com with your contact information.

Thanks..

quote:
Originally posted by directcap7

We can do this loan, email me.

This User is a Premium Member, Click Here to Learn More!
moneyde836

87 Posts

Posted - 05/13/2008 :  2:50:26 PM
Send me an email at amcommercialloan@aol.com with your contact information.

Thanks..

quote:
Originally posted by Banker0679

We can pay you on this loan, email me.

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