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02-13-2018, 02:23 PM #1
Reputation points: 1232
- Join Date
- Jan 2017
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LAND DEAL / 40% LTV / MARYLAND - need true NO DOC
State: Maryland
Loan Type: Refi-Cash Out
Property Type: Land (Raw - Water and Sewer in progress)
Appraisal Value: 1.6M
Mortgage Balance: Free and Clear
Loan Amount: 650k (flexible on ln amt) -- Can be 12mo, 24mo bridge.
LTV: 40%
Credit: 640
Keep hitting road-block with private/hard money asking for returns ---borrower still working with accountant on 2016, etc. Looking for straight NO DOC / HARD MONEY BRIDGE.
Recommendations on private/hard money lender(s)?
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