| Author |
Previous Topic | Next Topic |
|
rennymitchell
6 Posts |
 Posted - 08/05/2008 : 9:54:48 PM
|
Looking for 1.9 Million or as much as possible. 2nd home was purchased for cash 2.7 million in November 2007. Says it is worth 3.4 million??? Assuming this is the case, wants cash out Full Doc loan for 60% or 1.9 million. Would take less but probably not less than 1.5 million. FULL DOC, FICO 720+, 2ND HOME, CASH OUT (NO LIENS CURRENTLY).
CALIFORNIA PROPERTY (LAKE ARROWHEAD)
Renny Mitchell |
|
dkendall1979
10289 Posts |
Posted - 08/05/2008 : 9:58:05 PM
|
| If you can't get it done with First Fed or ING, we've got private funds for up to 65% of current appraised value. Click on the link below for rates. |
|
|
Jack Straw
1164 Posts |
Posted - 08/05/2008 : 10:52:44 PM
|
I have some private investors who would look at this deal but now way it went up 700K since November.
Best Regards,
Gillee Sherman, California Equity Lenders, Inc.
(818) 584-2318 - Direct
(818) 522-9307 - Cell
(818) 337-2262 - Fax
gillee@calequitylenders.com
www.calequitylenders.com
Easy ‘Hard’ Money for the 21st Century
|
|
|
rennymitchell
6 Posts |
Posted - 08/06/2008 : 08:25:13 AM
|
Humor me. If it did go up 700K or he actually purchased it under market, whatever... What would the rate and terms be for this deal? I have a quote from the other person who replied at 6.5% interest only for 5 year ARM but they want 2.5 points and that may not be an option. Can you help?
I have some private investors who would look at this deal but now way it went up 700K since November.
Best Regards,
Gillee Sherman, California Equity Lenders, Inc.
(818) 584-2318 - Direct
(818) 522-9307 - Cell
(818) 337-2262 - Fax
gillee@calequitylenders.com
www.calequitylenders.com
Easy ‘Hard’ Money for the 21st Century
[/quote] |
|
|
Bobo1092
82 Posts |
Posted - 08/06/2008 : 2:59:12 PM
|
Can offer 5/1 ARM at 6.55% interest only PAR
Bob Wakeman
Wall Street Funding
888-647-2591
Bob@wallstreetfunding.biz |
|
|
Jack Straw
1164 Posts |
Posted - 08/06/2008 : 4:47:33 PM
|
| Take it. |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
