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privatecash

1755 Posts

Posted - 08/26/2008 :  4:17:34 PM
We have a super high end builder to the stars in Beverly Hills who needs an $800K 2nd on one of his homes that's under construction. Prefer institutional lender, no hard money, please.
65% CLTV
750 FICO
$1M liquid
$25M net worth
Full doc with checking statements

Non-disclosure agreement required up front.

Shoot me an email if you can do it.
jscorbett

3648 Posts

Posted - 08/26/2008 :  4:33:40 PM
I may have a guy. Pro athlete . I will see if he is interested tonight and let you know
aaron1976

631 Posts

Posted - 08/26/2008 :  4:36:08 PM
Look at what you are asking for. An 800K second on a home that is under construction. Never going to happen with a conventional bank, and private money will not go to that high of a CLTV on a second.
Newbud

231 Posts

Posted - 08/26/2008 :  7:05:27 PM
Have you considered a loan on his liquid assets?
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