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  1. #1
    Senior Member Reputation points: 5448
    Join Date
    May 2018
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    High Risk Property Deals using home as collateral

    Who can do these type of files?
    Charles Frazier
    President
    Sapphire Capital Group
    p: 917-781-2232
    m: 917-783-5634
    w: www.Sapphirecapgroup.com

  2. #2
    Senior Member Reputation points: 4457
    Join Date
    Feb 2014
    Location
    Florida
    Posts
    251

    Quote Originally Posted by Wheetie View Post
    Who can do these type of files?
    Ironwood can do an MCA with additional collateral to boost the funding amount and term.

    They also have a Property Sale Lease-back (can be any type of property) program. They buy the property from seller and lease it back to them on monthly basis. All legal and recorded with county property clerk.
    LTV is 50%.. so to get any money from them, there needs to be well over 50% equity (based on current market value).

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