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Seadog

19 Posts

Posted - 07/28/2008 :  06:21:19 AM
Scenario - Borrower owns 2 waterfront lots in Georgia. Developer wants Borrower to build homes on each lot. The developer will then lease-back the lots for 3 years. Borrower is professional real estate investor.

Any thoughts?

cyoung@gmail.com
Seadog

19 Posts

Posted - 07/28/2008 :  09:39:09 AM
Must not have been that interesting! Please give any suggestions.
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bestbet123

1577 Posts

Posted - 07/28/2008 :  10:23:43 AM
it is interesting.I would have thought that all the big money guys would have responded by now.Hopefully they aren't out of money.IMC(independant mortgage co.)might be able to help,i'm not sure what styates they do.my rep is Drew Burton...PH:610-567-3100 x 223.
Seadog

19 Posts

Posted - 07/28/2008 :  3:31:30 PM
quote:
Originally posted by bestbet123

it is interesting.I would have thought that all the big money guys would have responded by now.Hopefully they aren't out of money.IMC(independant mortgage co.)might be able to help,i'm not sure what styates they do.my rep is Drew Burton...PH:610-567-3100 x 223.



Thanks! I will call Drew and see what he has to say!
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