Need a Hard Money Lender in Texas that will do Condos,, - Posted by steph in tex

Posted by Jeff - Tx on April 13, 2000 at 17:44:16:

Condos in Tex. is a tough deal. You can local banks to do them, but you have to put up 30%. Alot of banks got burned in Tx in the 80’s with condos, so they want alot upfront. Try Bank United.

Need a Hard Money Lender in Texas that will do Condos, - Posted by steph in tex

Posted by steph in tex on April 11, 2000 at 14:36:01:

hey gang-
anybody know of a lender who will do hard money with condos?
have 2 more under contract at a good price…
statewide doesn’t do condos…
ANY other ideas? i need to close both of these by the 26th.

thanks
steph in tex

Re: Need a Hard Money Lender in Texas that will do Condos, - Posted by Sheik

Posted by Sheik on April 11, 2000 at 15:35:10:

Steph,
Do you plan on holding on to them or are you reselling?
What’s the price? Maybe you can use your own cash and refi if you plan to hold or have your buyer cash you out.

I too am looking at condos in my area.

Sheik