Under contract

Started this discussion. Last reply by Helen Erickson Jul 15, 2016. 15 Replies 0 Likes

Seeking loan for acquisition and repair the ARV is $150,000 in need of $75,000, non owner occupied have buyer lined up for quick fix and flip.

Tags: flip, funding, and, fix, money

65% LTV After Repair Value on Bank REO in Illinois

Started this discussion. Last reply by Trust Finance Jun 16, 2014. 1 Reply 0 Likes

I have an offer in on a bank REO in Kankakee, Il. About 50 miles south of Chicago. I am looking for a true asset based lender. My offer is fo $18,000, and I need another $5000 in repairs, the house…Continue

Financing Sought For REO Purchase In Illinois.

Started this discussion. Last reply by Steve Smart Jun 1, 2014. 17 Replies 0 Likes

I am seeking short term finance to purchase  a REO from bank. I have an offer in for $17,000 the subject property is a condo in Kankakee, Illinois which is 45 minutes from Chicago. The condo last…Continue