Searching for broker(s) for project fundings! - Posted by John
Posted by John on September 09, 2003 at 09:19:29:
We are in search for broker(s) to assist with our financing. We find properties nationwide, mostly preforeclosures (No rehab projects) . Loan amounts are $100,000 and up. Our current sources are not panning out, to say it politely, having us stuck in a long process with properties in TX, AZ, GA, NC, MI, MS, and PA. We have bird dogs finding properties, multiple credit partners (both full doc and stated) in our company to finance the properties, which does no good if we cannot fund.
Rate is not a big issue (Go ahead and get your YSP), points ok (The more the lender lets the seller pay in closing costs the better for you), we just need to work with someone who can close quick, and tells the truth about the situation. If you have 90/10?s (10% seller seconds), 95-100%?s, creative options (stated income/assets and etc) for properties 1m+, and can actually close, please contact me.