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06-21-2021, 04:26 PM #1
- Join Date
- May 2018
- Posts
- 200
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
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06-21-2021, 04:37 PM #2
- Join Date
- Feb 2014
- Location
- Florida
- Posts
- 256
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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