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  1. #1
    Senior Member Reputation points: 19243
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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

  2. #2
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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.

  3. #3
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    OK. So, how do we proceed?

  4. #4
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    Quote Originally Posted by FHFunding View Post
    4-family house. No mortgage. $100k valuation. He wants to pull money out of it. Does anyone do this kind of thing?
    Thanks
    $100K is a low valuation, I would wait a few weeks and see whom is getting back into the game.
    Selling paper into the secondary market is an issue
    Dave 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

  5. #5
    Senior Member Reputation points: 34509 Jstarr's Avatar
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    Yes, But its too small for us.
    Jerry Starr
    Insource Funding
    433 Plaza Real, Ste 275 Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    Jerry@insourcefunding.net | insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

  6. #6
    Banned Reputation points: 19
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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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