10k hardmoney needed for $500k property - Posted by Michael

Posted by Eric on August 21, 2003 at 13:10:53:

I might be interested. I could get a hold of 10k. I would be interested in speaking. 877-296-7597 ext. 215. Eric

10k hardmoney needed for $500k property - Posted by Michael

Posted by Michael on August 15, 2003 at 21:06:33:

Hello everyone
I’m looking for a 10k hardmoney loan to be used for earnest money to secure a property valued at over 500k - 550k. It is a foreclosed property, redemption period has ended and it isnt listed on the market yet. I have contacted the agent representing the bank and have put a $275k offer to purchase, as is. The property needs some rehab mostly drywall.
Here is a description of the property:

5 bdrm poss 6, 3 story brk col
mbr 15x16 kt 10x11
br2 15x15 lr 28x15
bft 09x11 fr 10x13
br3 15x14 dr 17x12
br4 12x07
fireplace: lv/fm (double sided fireplace)
built: 1921
sq ft: 4088
2 car det gar
bsmt (fin)
appliances: stv, ref, dishwasher (all new)
baths: 1st fl lav, 2nd fl full bath, mbr bath, bsmt lav
2002 t.c.v. $447,900
2001 t.c.v. $389,400
2000 t.c.v. $330,800

This property is located in prestigious “Palmer Woods Sub” in Detroit, MI. Looking for investors to venture a deal with me, or I will assign the contract over to an investor for a 10% finders fee. Anyone intersted could possibly make a 200k plus profit on this deal. I also have comps on the area with pictures.

Please contact me at michaelbuddin@yahoo.com

Re: 10k hardmoney needed for $500k property - Posted by Carmelo Rivera

Posted by Carmelo Rivera on October 22, 2003 at 08:49:49:

I am an investor buying RealEstate.

Re: 10k hardmoney needed for $500k property - Posted by Nekter

Posted by Nekter on September 28, 2003 at 12:27:12:

What are you waiting for? Do you still have the property available? Did you already find a solution? Please let me know either way…I dont want to play games, we are ready to move on if it makes sense.

Re: 10k hardmoney needed for $500k property - Posted by hardmoney

Posted by hardmoney on September 01, 2003 at 22:42:25:

Michael,

let me know if you still need to assign or do a project on this property

hardmoney