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06-17-2020, 02:17 PM #1Senior Member
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Client wants to pull money out of paid off property
4-family house. No mortgage. $100k valuation. He wants to pull money out of it. Does anyone do this kind of thing?
Thanks
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06-17-2020, 02:21 PM #2Senior Member
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Lots of people do this, it's a matter of time and reward for the ROI. It won't pay more than 3 points of the $70-75,000 than the client would get.
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06-17-2020, 02:31 PM #3Senior Member
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OK. So, how do we proceed?
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06-17-2020, 02:32 PM #4Senior Member
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$100K is a low valuation, I would wait a few weeks and see whom is getting back into the game.
Originally Posted by FHFunding
Selling paper into the secondary market is an issueDave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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07-07-2020, 01:55 PM #5Senior Member
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Yes, But its too small for us.
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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07-09-2020, 03:33 PM #6Banned
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- Apr 2017
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Call us at 939-491-1799 or email us at ecepeda@pacificwest.com. We could assist you in this deal. Thanks
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