Need Private $95k 10-20 Year Mortgage For An REO Home Buyer

I am in fast escrow on a 2k+ sq ft REO house in a great area of Dallas closing 8/22. I will flip it to my maintenance lead who has worked 4+ years at my 100 door apartment nearby - he found the deal, used to live in it, and wants to own it more than anything. 

I need to find him a decent 10-20 year full-am $95k loan from an investor at perhaps 8% rate on a property worth ~$150k as-is. He is a solid guy who can afford the payments and has long-term employment for as long as I can foresee, but he is a semi-documented foreign national without any credit so I expect he can't go to banks.

I rehab apartment communities so long-term mortgages are outside my expertise, but this seems like an attractive note deal since the yield can be high for low risk and lots of equity back-up. If it were not for a valued employee finding it and coming to me for help, I would just buy it myself and rent it out, or fix it up and flip it for over $200k like the comps.

Unlike buying a note, you would get to write the note. I would like to move fast so I can do a same-day close if possible on 8/22, and would love it if someone can help on this one! 

Views: 99

Reply to This

Replies to This Discussion

Are you still seeking financing? If so give me a call to discuss 713-777-9996 ext 103.

 

Dear
I am sorry. I ask the loan

I beg you. Help. The father in resuscitation. Operation is necessary. A brain tumour.

The help is necessary. I ask about the help.

I ask help 20 thousand dollars for one month. Pledge my apartment. Under percent.

I the fair person.

I BEG YOU. FOR GOD'S SAKE. Help. I will return. I swear.

Help I ask.

I will return at once with percent.

I wait.

Sincerely
Kostylev Alexander.

Sincerely
Kostylev Alexander.
Russia. 660,062. Krasnoyarsk.
Street Visotnay 2. str 1. room 418.
Email: alekskkost5@yahoo.com
My private phone no: +79631818912
My private fax no: +7 (391) 2478387
Occupation: Adviser.
Age: 34 year
Single.
Sex: Male.
Skype; Alekskkost5

Arthur,
 
 My name is Felix and I am a Finance Specialist. We can help you.
Call my partner Courtney Lawrence and she will talk to you about the kinds of funds we provide. Also go to our website. For any questions please to hesitate to reach us.
Courtney Lawrence:
Phone:  (949) 777-5509 | Fax:   (949) 309-2731

RSS

© 2021   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service