Money
Joined: 19 Dec 2006
Posts: 3
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| Posted: Tue Dec 19, 2006 8:15 pm Post subject: URGENT! - Real Estate Broker Needs Hard Money. |
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URGENT! - Real Estate Broker Needs Hard Money.
I have a real estate broker in INDIANA that needs to find a source for hard money. Must have the ability to close quickly in the name of the corporation.
Here is an example of a couple of deals that we need to place IMMEDIATELY.
After Repaired Value is $216,000.
The Purchase Price is $122,500.
Repairs $13,000.
Loan Amount $135,500.
Loan To Value 63%
After Repaired Value is $139,000
The Purchase Price is $99,000.
Repairs $1,000.
Loan Amount $100,000
Loan To Value 72%
As a rule, most of the properties are less than 5 years old.
The broker does have a proven track record doing these deals.
Please respond to TheRealEstateGuru@SBCGlobal.Net
Thank you! |
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