Re: [RealEstate] 125k with resent bnkry

Wed, 19 Jan 2005 20:23:00 -0800

I forgot to say this is in Georgia, will that be a problem?

Dave NY <[EMAIL PROTECTED]> wrote:


Call Javier at: 718-382-2587 He's the best broker I
have worked with & has been able to fund all my buyers
even with 500 credit scores.



Dave NY



--- Palmetoman <[EMAIL PROTECTED]>wrote:

> Okay guys here is the deal I have client who has a
> bankruptcy discharged 06/03, no late payments 3
> years, credit scores for Equifax/Beacon = 553
> ,Transunion/FICO = 529
> Experian/FAIR = 549, income is $3,650.00/month has
> $4,000.00 for a dnpymt, Looking for 100-125k maybe
> able to come up with 5% cash and get seller to hold
> a 2nd on 100% LTV on 125k, can anyone help? Steve P
>
>
> Met Mortgage <[EMAIL PROTECTED]>wrote:See Met at
> www.metmtge.com.
> Met Mortgage can help with your commercial mortgage
> needs.
> You can also Visit
> http://www.hardprivateloans.com/ to answer any
> other
> questions you may have.
>
> FYI on Hard Money Private Bridge Loans:
> Property must be mixed-use or commercial income
> producing.
> A minimum mortgage amount of $250,000. to $20MM per
> request..
> Minimum Down on purchase is between 10 to 20% of
> purchasers own funds.
> In addition to purchasers down payment seller can
> give a second mortgage to
> equal difference in down required to satisfy LTV and
> can help pay closing
> cost.
> On refinancing dollar amount is subject to
> appraisal. *
> Commercial Hard & Semi Hard Money loans take about
> 20 to 45 days to close.
> Hard & Semi-Hard Loans are based from 50 to 75%
> Loan-To-Value.*
> Interest rates range from 7.75% to 16%.*
> Term 1 to 15 years. Points in the area of 4 to 8. *
> *The above LTV's, terms and financed amount is
> predicated on credit FICO
> score, appraisal, property type, loan amount
> requested etc.
> Note: Met will not view Single Family Homes, Rehabs,
> Construction or
> Venture Capital requests and does not service
> California.
>
> You can also view what we do and closed at
> http://www.metmtge.com/pr.htm
> If this works and we can be of service let us know.
> Good Luck
> Met
>
> Before US Mailing your information please call first
> to discuss you request.
> Met Mortgage {Since 1966] 201/866-4800 --
> Fax:201-866-9477
> 501 56th Street, West New York, NJ --
>
> ::You can also complete our request forms at
> ::
> At 08:22 AM 10/30/2004, you wrote:
>
> >I need a program for an investor less than 1year
> out of chap.7 with 590
> >score. Property is 32 unit res. in Atlanta 94% occ.
> rate cost 1.5 mil, who
> >can I get to do this.
> >Thanks Reggie
> >
> >__________________________________________________
> >Do You Yahoo!?
>
>
>
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