Real Estate Investing Forums

Real Estate Investing => Financing, Hard Money Lenders, Private Money => Topic started by: jlawrence2002 on March 06, 2006, 05:57:35 pm

Title: Help
Post by: jlawrence2002 on March 06, 2006, 05:57:35 pm
I have a credit score of 437. I have a couple of properties with only 1st mortgages on them. They have about $20,000 worth of equity for each. I am in need of getting $16,000.00 to get me out of debt. Please assist me with a solution.
Title: Re:Help
Post by: Keith Palmer on March 06, 2006, 09:27:02 pm
What is the value of each and the balance on each property?
Title: Re:Help
Post by: jlawrence2002 on March 07, 2006, 05:13:31 am
$160,000 Value / $139,200 balance
$85,000 Value / $49,400 balance
$50,000 Value / $37, 200 balance
Title: Re:Help
Post by: Keith Palmer on March 07, 2006, 07:14:45 am
Are these current appraisals or tax assessed values?
Title: Re:Help
Post by: jlawrence2002 on March 07, 2006, 11:11:08 am
appraisals based on comps
Title: Re:Help
Post by: ShaunG on March 07, 2006, 02:04:19 pm
try delta funding