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Thread: We have cash for Real Estate Deals

  1. #1
    Join Date
    May 2009
    Posts
    4

    Default We have cash for Real Estate Deals

    I attend Real Estate investment club meetings here in California every month. Investors were complaining that the banks were requesting 20% down and FICO scores of 700 or higher.

    These investors were finding great deals, but could not take advantage of them because of the tight bank guild lines.

    Me and a group of long time investor’s decided to loan these investor’s money. It as a win win for everyone.

    If you’re an investor looking for short term financing for your deals contact me. I will look at every deal with an open mind.

    510-610-2219

  2. #2
    Join Date
    Jan 2008
    Location
    Stoutsville, Ohio
    Posts
    110

    Default Re: We have cash for Real Estate Deals

    Can you give a general idea of your lending criteria? Also what area you will lend in?
    Greg Phillips
    Mortgage Consultant
    Primary Residential Mortgage Inc.
    "Closing Mortgages Since 1999"
    Mortgage Loan
    Mortgage and Real Estate Blog
    Mortgage and Real Estate Message Board

  3. #3
    Join Date
    May 2009
    Posts
    4

    Default Re: We have cash for Real Estate Deals

    I'm looking for LTV of 65% based on value of the property. I'm based out of California, but will lend out of state.

  4. #4
    Join Date
    Jun 2009
    Posts
    3

    Default Re: We have cash for Real Estate Deals

    Will you lend in Northern Virginia. I have a property that i like to close asap.

    it has great resell value and great potential for resell.

  5. #5
    Join Date
    Jul 2009
    Location
    Atlanta, GA
    Posts
    383

    Default Re: We have cash for Real Estate Deals

    Are you lending in GA? Are you doing less than 20% down and what kind of rate?

  6. #6
    Join Date
    Mar 2009
    Posts
    424

    Default Re: We have cash for Real Estate Deals

    what kind of fees are we looking at for such hard money?

  7. #7
    Join Date
    Sep 2006
    Location
    Central VA
    Posts
    280

    Default Re: We have cash for Real Estate Deals

    Am I to take it this post has fizzled out? Or has the more specific conversations gone, understandbly, private? I would like to get some follow up on this topic for some of my clients as well . . .
    --Richmond VA and the entire surrounding metropolitan area: Chesterfield County - Henrico County - Amelia County - Dinwiddie - Prince George - Charles City County and the cities of Petersburg - Colonial Heights - Hopewell -
    . . . Ask Me How to Get a Free Gas Card Now!

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