Need a referral near Orlando, FL - Posted by drew

Real Estate Investing Office
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Posted by Janice on September 24, 2000 at 10:59:53:

We want to cash out on an 850+ ac Tennessee Mountain Land Development. We’ve completely finished 250+ ac with utilities, paved county rd, driveways cut in, landscaping, building sites cleaned off. We divided it up into 5 ac & up tracts, beautiful bluff & interior lots. Have a nice, newly remodeled modern sales office building set-up already right @ the interstate. The remaining 550+ acres fronts the paved county rd with utilities. We cut in a nice lg wide rd for access. It has $200,000+ worth of forester appraised hardwood timber that can be harvested. Beautiful with wildlife of all types, brook/streams, small waterfalls, hiking/horseback riding trails, civil war caves. A real wonderland of nature! Questions: where is the best place to sell this property & the quickest?
e-mail askseek@yahoo.com

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Need a referral near Orlando, FL - Posted by drew

Posted by drew on December 09, 1999 at 07:20:08:

Just got a call from a guy here in the DC area that owns a property and some vacant (lake front) land in Florida.

He is trying to sell both, but is behind on the property’s mortgage (50% LTV, construction loan at 13.?%) and needs help.

For educational purposes, I’ve thought of a couple of possiblities:

  1. Get him a short term loan to bring the first current and then refinance

  2. Buy the first, renegotiate terms with payor and then refinance to cash out

If you know of anyone interested in this type of scenario please send me an email.

Thanks,

Drew

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Thanks guys! (NT) - Posted by drew

Posted by drew on December 09, 1999 at 18:36:31:

nt

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Re: Need a referral near Orlando, FL - Posted by William, Columbus, OH

Posted by William, Columbus, OH on December 09, 1999 at 12:35:57:

Drew: Try Phil Nadel at Florida Asset Financing Corp.
561-852-2224 ext. 12 or Fax: 561-852-2204

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Try CarolFL and Dennis… - Posted by DanM(OR)

Posted by DanM(OR) on December 09, 1999 at 11:51:29:

they live near Orlando. Her email is: Mailto:lkhoward@ithink.net

Good Luck!

Dan Matejsek