I’m looking for the best way to find investors. We have luxury homes avaialable that investors can get equity disbursements on homes with 50-69% LTV. Example: Buy a house aprraised at $1.5 Million for $1 Million. The $500K in equity can go to a 3rd party account. Where can I find a pool of investors that would be interested in this.
how do you have this set up?
how are you accessing the other 500k?
you’ve got financing to pay the 1m price - so that’s 100% financing on the purchase price…and you’re saying that that is,…say 66% LTV.
now you’re taking a second to access the rest of the equity?
or are you refinancing the whole deal to pull that cash out?
or are you getting a 1.5m loan (100% LTV)?
do you have cash in this deal? is that what the investors are for?