| Author |
Previous Topic | Next Topic |
|
celloshred
1849 Posts |
 Posted - 06/27/2008 : 1:58:37 PM
|
Already has end-buyer in place.
What can anyone do? |
|
lukeallison
1409 Posts |
Posted - 06/27/2008 : 2:01:37 PM
|
| We can do a NOO rehab loan with a pretty strong borrower but it takes a lot of a down payment. 80% LTV. Is that what you are looking for? |
|
|
celloshred
1849 Posts |
Posted - 06/27/2008 : 2:07:08 PM
|
80% of as-is value or ARV? borrower's credit is shaky, need stated income but he has the experience. ARV is around 55-65%. Wants to contribute maybe 10%, seller is crediting $6k,sale price is $108k. ARV is $200k. Has end-buyer in contract for $180k after repairs....
|
|
|
mark85304
216 Posts |
Posted - 06/27/2008 : 2:14:51 PM
|
| I love your tag line at the bottom of your posts about no soliciting. You mind if I copy this? :-) |
|
|
celloshred
1849 Posts |
Posted - 06/27/2008 : 2:20:40 PM
|
| Its not trademarked or anything... |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
