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ScottAvila
14 Posts |
 Posted - 07/10/2008 : 3:14:55 PM
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| I have a builder (excellent resume and credit history) who would like to personally buy a couple units from his recently completed sub-division. He has tenants leasing them already. He wants to purchase with 30% of his own cash to put down. Is there anybody who will issue a conforming loan on this? This is not a builder-bailout. He wishes to hold onto the prop for two years for the future determined and agreed upon purchase price. |
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bancgroup
89 Posts |
Posted - 07/10/2008 : 9:06:57 PM
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| full doc? what state need details |
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socalusa
267 Posts |
Posted - 07/10/2008 : 11:37:03 PM
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Scott, send me 1008, 1003, C/R if property is in CA or UT.
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mdietz
231 Posts |
Posted - 07/11/2008 : 10:53:32 AM
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Sounds VERY doable...need FICO score
Please call or email for pricing - include zip code
Michael Dietz
Account Executive
Dream House Mortgage Corporation
401-262-5623
mdietz@dhmc.com
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ScottAvila
14 Posts |
Posted - 07/11/2008 : 10:58:20 AM
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Full doc in CA. The rate/term refi is construction lien take out.quote:
Originally posted by bancgroup
full doc? what state need details
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bancgroup
89 Posts |
Posted - 07/11/2008 : 10:33:54 PM
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| this can be done. if you want help email me srogers@bancgroup.org |
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jloans2003
200 Posts |
Posted - 07/17/2008 : 9:36:37 PM
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| this is definately worth while....we specialize in these type of deals |
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