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Author Topic: finding partners/investors or hard money  (Read 7417 times)

Offline Investment Loans

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Re: finding partners/investors or hard money
« Reply #15 on: October 23, 2007, 08:47:05 am »
Scott,

you sound pretty diverse on alternative financing, I'm to ask you if you can refer me to HML or PML in the New York area.  I'm finding pretty good deals below 30% market value and the hardesd part is the finding financing. 

can you refer me a HML or PML?

Rich,

First question to address would be if you really need hard money.  You have tried local banks?

What zip codes in NY?  There are several located in-state but operate within specific areas.
To Our Success!
Ben Carmona * Consultant * ALL STATES * www.BenCarmona.com * 314-914-6052
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Hard Money Rehab Loans * 24hr/1 day double close funds * Portfolio/Commercial/Business Options * No Seasoning Refis

Offline RichBurgos

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Re: finding partners/investors or hard money
« Reply #16 on: October 26, 2007, 08:33:55 pm »
Investment loans..
I'm in Westchester County. NY ( 35 miles north from NYC) zip is 10598

Offline Investment Loans

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Re: finding partners/investors or hard money
« Reply #17 on: October 27, 2007, 11:29:42 am »
Rich,

Zip should be ok...will send you an email to discuss off forum.
To Our Success!
Ben Carmona * Consultant * ALL STATES * www.BenCarmona.com * 314-914-6052
1-4 Unit Investment Properties
Hard Money Rehab Loans * 24hr/1 day double close funds * Portfolio/Commercial/Business Options * No Seasoning Refis

Offline modernhomes

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Re: finding partners/investors or hard money
« Reply #18 on: October 28, 2007, 05:08:12 pm »
Hi Scott,
Do you know any PML's or HML's in Hawaii? I have an offer in on a foreclosure that I need to finance. I'd like to flip this property. I have cash & credit I can use to finance the rehab work but need 100% financing for the mortgage. Is this still do-able in this market? Thanks for your help.

Sheila

Offline Investment Loans

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Re: finding partners/investors or hard money
« Reply #19 on: October 28, 2007, 05:55:20 pm »
Sheila

Have you tried working with a local bank where the property is located?  With good credit and money for the rehab you should be able to find a commercially structured loan.

I'll send over an email to determine which HML may be able to assist you if absolutely necessary.  There's also a conventional lender that does an 80% arv loan.

 
To Our Success!
Ben Carmona * Consultant * ALL STATES * www.BenCarmona.com * 314-914-6052
1-4 Unit Investment Properties
Hard Money Rehab Loans * 24hr/1 day double close funds * Portfolio/Commercial/Business Options * No Seasoning Refis

Offline REI4ROI

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Re: finding partners/investors or hard money
« Reply #20 on: October 29, 2007, 12:51:15 pm »
Aside from the 80 ARV program mentioned above, there is a 70 ARV program offered in Hawaii (based upon a STATED DOC approach)---I'll send you a PM to continue this discussion.

Regards,

Scott Miller

Hi Scott,
Do you know any PML's or HML's in Hawaii? I have an offer in on a foreclosure that I need to finance. I'd like to flip this property. I have cash & credit I can use to finance the rehab work but need 100% financing for the mortgage. Is this still do-able in this market? Thanks for your help.

Sheila
RE Investment Advisor
Weichert Realtors
[email protected]

 




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