Posted by Drew on March 15, 2005 at 07:59:53:
Usually with a HML the only thing they care about is the appraised value of the property/home. And they also will only go up to 60-65% LTV. But then again all HML set their own rules, and they are typicaly negotiable.
Good Luck!
How to structure this deal?? please help - Posted by Steve
Posted by Steve on March 14, 2005 at 20:39:12:
I am trying to structure a deal to be able to purchase 50 properties producing yearly positive cashflow of $150,000. Need $500,000 for down payments. I can sign a note paying at least 10 or 12% interest on this money, and will be secured by the real estate. How would i structure a deal like this? would i go through hard money lender?
Re: How to structure this deal?? please help - Posted by Steve
Posted by Steve on March 14, 2005 at 21:06:24:
oh, my credit is ok, average score in low 700’s. dont know if this helps.
Re: How to structure this deal?? please help - Posted by Neal
Posted by Neal on March 27, 2005 at 18:53:37:
Are you the steve who wants to build homes in AZ? If so please email me at Nealmody@gmail.com