[CFSCCorp]

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)?

[Jstarr]

If it wasnt raw land i would look at it, problem is most of us lenders have alot of land that have become non performing notes that we cant give away - in fact we have an entire subdivision in north florida that we've been sitting on for at least 2 years.


I have several friends in Maryland that i could mention it too, if there is any interest ill let you know.

does it have any enviromential issues, or deed restrictions?

[SBF]

Have you tried Riverdale Funding?

[omegafund]

I have some contacts in Maryland. Contact me if you want assistance and yes I am broker in this deal but have funded land deals before. Ben bzuniga@omegafund.com