Posted by Zidzi on June 04, 2001 at 20:47:53:
Shad
Just a brief note here. You do realize that Hard Money Lenders will usually only lend 65% of the value of the property? Would this work for you?
Posted by Zidzi on June 04, 2001 at 20:47:53:
Shad
Just a brief note here. You do realize that Hard Money Lenders will usually only lend 65% of the value of the property? Would this work for you?
Hard Money Lender - Posted by Shadrick Bowe
Posted by Shadrick Bowe on May 31, 2001 at 10:54:44:
How feasible would it be to find a Hard Money Lender that would lend the money to purchase say 6 brand new homes to turn around and sell using owner financing and dump some of the notes to pay the HML off? Would this be a good idea to try? Any response would be appreciated.
Thanks,
Shad
Re: Hard Money Lender - Posted by Terry(IN)
Posted by Terry(IN) on May 31, 2001 at 12:08:03:
Shad,
You don’t need a Hard Money Lender in order to do what you want to do. Find your seller; find your buyer using seller financing and do a simultaneous close, selling the the note to a note buyer at close. If you need more information, email me.
Terry(IN)
Re: Hard Money Lender - Posted by Shadrick Bowe
Posted by Shadrick Bowe on May 31, 2001 at 13:26:24:
Terry(IN),
I won’t get a deal on them if I buy them individually though. So I kind of need to buy them first … then sell them. Any ideas?
Thanks,
Shad