You can’t get an equity line of credit from your bank or credit union for this? Or, call a hard money lender in your area (small companies, not a bank or mortgage broker). If you posted the state the property is not it might help too.
Posted by Ron Berkshire on December 09, 2000 at 11:57:09:
Have an immediate need for short term loan. Funds needed: $8,000.00. Details as follows:
1.) Secured by $60,000.00 equity in personal residence.
2.) Will re-pay $10,000.00 on Jan. 2, 2001. Re-payment from funds received at closing on real estate transaction.
3.) “A” credit verifiable with copy of credit report.
If anyone would be interested in a 300% short term return on investment, will give further details by phone if you e-mail number.