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rlacy916
2 Posts |
Posted - 05/15/2008 : 2:36:50 PM
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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
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monarchdad
1762 Posts |
Posted - 05/15/2008 : 3:06:37 PM
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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. |
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KHufford
5290 Posts |
Posted - 05/15/2008 : 3:08:46 PM
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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.
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levidiangroup
2 Posts |
Posted - 05/21/2008 : 9:09:30 PM
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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
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dkendall1979
8822 Posts |
Posted - 05/21/2008 : 9:18:11 PM
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| If the properties are in CA, email me and I'll give you the name of a couple guys that might help you out. |
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ddmortgage
268 Posts |
Posted - 05/22/2008 : 05:00:46 AM
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| 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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