Results 1 to 5 of 5
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03-28-2017, 12:52 PM #1
- Join Date
- Feb 2017
- Posts
- 10
Quick Purchase 2 weeks or less in DC $3.4MM
90% loan needed on $3.4MM purchase Capitol Hill/H St Corridor in DC. Owner has family emergency taking them back to their country indefinitely, need to close within the next two-three weeks.
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03-28-2017, 02:56 PM #2
Depending on the situation we may be able to help.
Visit us on the web at http://fastcapital360.comFast Capital 360 - Fast, Transparent & Fair Small Business Loans.
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03-28-2017, 07:50 PM #3
- Join Date
- Dec 2015
- Location
- Los Angeles, CA
- Posts
- 121
Is this merchant building apartments by any chance...?
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03-29-2017, 02:50 PM #4
- Join Date
- Mar 2016
- Posts
- 335
Can you provide some more details? Does the client have a business as well?
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03-30-2017, 07:45 PM #5
90% LTV, not happening unless he has other collateral that isn't heavily encumbered, and if he needs 90% that means he possibly has cash flow issues, and if that is the case how will he service the debt ? what is the exit strategy? if he's a first time buyer he could get a 3% FHA Deal but unless you're a mortgage broker you can't assist with that.
The other problem is you haven't provided details about the property ( SFR / Commercial / short sale / foreclosure/ npn/ pn/ 1031 exchange Etc...)Jerry 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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