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rlacy916

2 Posts

Posted - 05/15/2008 :  2:36:50 PM
Looking for private money or institution money for the following:

I'm buying all of these properties with CASH and I want to leverage out as many as possible. I have $300,000.00 of my own funds invested.

CASH OUT REFI
SISA or SIVA
FICO 730 (limited trade history—6 months only)
SFR
N/O/O
USE CURRENT APPRAISED VALUE
LTV: 60-75%

I’m looking for the right investor to fit my needs.

All of the properties will be rented to Section-8 tenants…

Please let me know immediately. I will have at least 3 deals immediately and about 4-5 per month.

Thank you,

Randy Lacy
858-736-9443



monarchdad

1762 Posts

Posted - 05/15/2008 :  3:06:37 PM
Don't count on any private lenders using your appraised value.

They will do their own valuations and I can almost guarantee you they will be considerably less than your appraisals.
KHufford

5290 Posts

Posted - 05/15/2008 :  3:08:46 PM
quote:
Originally posted by monarchdad

Don't count on any private lenders using your appraised value.

They will do their own valuations and I can almost guarantee you they will be considerably less than your appraisals.




Probably about 35-40% less.
levidiangroup

2 Posts

Posted - 05/21/2008 :  9:09:30 PM
Business owner or a broker we do hard money / private lending
COMMERCIAL PROJECTS ONLY.
For non-conforming borrowers:
We have access to 100+ private lenders
We have developed exclusive relationships with a small group of
private lenders, hedge funds, institutional money
for special circumstances or mega deals.
500K to 100M
WE ARE PROFESSIONAL. WE CLOSING COMMERCIAL DEALS.
WE KEEP IT SIMPLE.
Competitive terms and rates
Immediate and candid feedback - everyone’s time is important
Qualify in 24-48 hours
Close in weeks
Contact info:
Joe Griffin
Levidian Group LLC
levidiangroup@gmail.com
mobile: 248.640.7223
www.levidiangroup.com
quote:
Originally posted by rlacy916

Looking for private money or institution money for the following:

I'm buying all of these properties with CASH and I want to leverage out as many as possible. I have $300,000.00 of my own funds invested.

CASH OUT REFI
SISA or SIVA
FICO 730 (limited trade history—6 months only)
SFR
N/O/O
USE CURRENT APPRAISED VALUE
LTV: 60-75%

I’m looking for the right investor to fit my needs.

All of the properties will be rented to Section-8 tenants…

Please let me know immediately. I will have at least 3 deals immediately and about 4-5 per month.

Thank you,

Randy Lacy
858-736-9443





dkendall1979

8822 Posts

Posted - 05/21/2008 :  9:18:11 PM
If the properties are in CA, email me and I'll give you the name of a couple guys that might help you out.
ddmortgage

268 Posts

Posted - 05/22/2008 :  05:00:46 AM
Hello My name is David and If you still haven't found a home for your loans shoot me an email, My partners and I have access to over 20 different private money sources. We are able to fund a lot of projects that others can't. My email is tyjoconsulting@gmail.com.
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