Quote Originally Posted by Olderguy View Post
What's the use of funds?

I have one guy who might consider it.

Send me address, Fico, zoning, use of funds.

And exit strategy.

And can they cross collateralize.

If anyone can do it, it's a courtesy deal by them.

Would have to be $100K at 50% LTV which would be $200K value

Anything less than that then what Micah said..."pass".
This one is most likely shot. I know a lender that can do it already, but they take forever. It's also a very small deal, just $60K. Hardly worth it..