I am going thru a divorce and need hard money to buy my ex out of my home. My FICO scores have been hurt in my divorce so conventional funding is out at this point - still have excellent credit with credit cards, car loans, etc… just a bunch of medical debt from the ex I am cleaning up.
Home is located in Ohio, valued at $200,000 with no mortgage - looking for a 50% LTV amortized over 25 years with max interest rate of 10% and a balloon payment on principal within 3-5 years. Investor to have first lien position.