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mortgagemoneyfas

363 Posts

Posted - 05/12/2008 :  10:37:19 AM
I have a client wanting to purchase a property in FL. It was a rental and needs repairs. I am looking for a lender that will do 55-60% ARV. They have 10% to put down. They are canadians though, so no credit scores or socials.
lenderben

1041 Posts

Posted - 05/12/2008 :  11:18:10 AM
whats the loan amount?
mortgagemoneyfas

363 Posts

Posted - 05/12/2008 :  11:27:18 AM
$50000
lenderben

1041 Posts

Posted - 05/12/2008 :  12:11:14 PM
too small for us, our loan minimums are $1m outside of the NY metro region.
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CoralSnake

10286 Posts

Posted - 05/12/2008 :  12:12:06 PM
Is that 50k or supposed to be 500k?
gilby715

91 Posts

Posted - 05/12/2008 :  12:21:19 PM
where in fl i have some hard money lenders
mortgagemoneyfas

363 Posts

Posted - 05/12/2008 :  12:26:26 PM
Ocala, FL
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