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06-25-2018, 12:57 PM #1
Anyone fund a cilent in Foreclosure
Hello........ have a file , client is in Foreclosure... got behind when business slowed down to about 400K per yr.... now doing about 1.2M per year. Looking for 60K to get an extension from bank while she works on solution . Works out of building, however if they had to move would not effect income. Don't have a lot of time. Yes i know it is a Hail Mary
Inbox me or send me an email. gharris@kiwicapital.us
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06-25-2018, 04:20 PM #2
Chances are, NO - is the property in a trust or separate llc? is it her primary residence? if its a personal bankruptcy the home is part of the asset list.
Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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06-25-2018, 04:42 PM #3
- Join Date
- Jan 2014
- Posts
- 1,374
its possible, he is doing 100k a month. Had a similar situation once, no one wanted to touch file. I got underwriter to agree to fund and they send part of funding directly to merchants mortgage bank to get him current and it funded.
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09-07-2018, 04:27 PM #4
- Join Date
- Sep 2018
- Posts
- 16
I may be able to do it depending on the details on the property- feel free to contact me if you have any deals that you need help on
Ben Corey
Funding Manager
714-495-2186
ben@usacapitalco.com
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