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03-14-2017, 01:23 PM #1
Yacht Deal who can do it ?
I have a Yacht deal, while i can do real estate all day yacht and planes are out of our wheel house, this is strictly an asset based deal so please dont send me a message saying "" I take a look at the File" and he's not looking for an mca, here are the details,
- 92' Choey Lee
- Needs: $350,000
- Appraised at $1.5M
- Replacement $3.6M
( Based on Lloyds of London policy )
seller is willing to part with yacht until debt is paid and possible placing the lender on the policy as loss payee. This is not a Borro or pledge cap deal and they can't do it...... so who can ?
Attachment 1654Jerry 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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