Posted by tom on April 15, 2004 at 05:26:27:
Brian this is a pre-fore that another investor has. It goes to sale next Friday. I want to flip. No rehab
is necessary. My credit is 730. I don’t care if it’s
hard or soft money. LTV for both are about the same,no? I just have an about $60.000 gap that i need
to fill. This house is in Disney’s Celebration so it’ll go fast. There is also a guest house. Tom
structure of offer - Posted by tom
Posted by tom on April 14, 2004 at 11:31:07:
I ran across a house near disney world. comps at 560 to 630
investor is asking for 480. I can come up with about 400 in
hard money. This is just a typical deal that I come across.
Hate to keep passing up deals like this when one or two
would make my dreams come true. any suggestions? thanks.
Re: structure of offer - Posted by Brian (WA)
Posted by Brian (WA) on April 15, 2004 at 01:49:45:
Any paticular reason you are using hard money? Why not get 100% financing. Need more information to help out more. Credit, verify income, are you planning to hold long term or flip? etc…