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nationwidemortga

50 Posts

Posted - 07/24/2008 :  1:10:23 PM
I have a bunch of these coming soon. Let's assume the borrowers all have good credit, full doc, with reserves. Some are going to be owner occ, and some will be second homes. They will all be duplexes. I am looking for as high an LTV as I can find.
lukeallison

1409 Posts

Posted - 07/24/2008 :  1:16:07 PM
For us, a 2-unit has to be owner occupied. However, you can get up to 90% on a OTC.
jaronparkin

327 Posts

Posted - 07/24/2008 :  1:28:21 PM
It's all about the LTC. Try;

Seattle Funding Group Ltd. www.SeattleFundingGroup.com

Direct portfolio lender. All types of properties and borrowers
considered
1239 120th Ave. NE, Suite J, Bellevue, WA, 98005 888-SFG-FUND (734-3863)
John Odegard, Kent Rowe, Nick Angelikis, Ron Lorentsen Fax 425-454-7655

Or

Normandy www.normandy.com

46 Prince St., Rochester, NY, 14607 800-390-7536
Rod Buchbinder, Michael Mercier Fax 585-256-2836 585-256-2600

veronicapril1

48 Posts

Posted - 07/25/2008 :  07:24:38 AM
Hello, I am in Colorado and would like to help. I have great hard money and other sources for project as you mentioned. Please feel free to call me at any time 720.435.0632. Thanks. Veronica
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