Looking a direct lender

I am looking to refinance a non -income producing, SFR property that is zoned commercial, estimated value 2M. The property is owned by a nonprofit 501c3 and is located in Memphis, TN 38104. The borrower has 6 months reserves in a trust account and @ 55% LTV would be willing to escrow 3 months reserves from the proceeds. The member of the 501c3 that is willing to be the guarantor has reserves and 600ish credit. They also have potential tenants in place once the rehab is complete.

James

330 832 5253

james@thathardmoneyguy.com

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Permalink Reply by James Morgan on January 23, 2015 at 4:29am

I can help you with a loan asap

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Permalink Reply by That Hard Money Guy on January 23, 2015 at 9:46am

tell me more??

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