Sat, Jul 04, 2009
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$60K 1st Pos Needed In Alabama |
Dygital
 2 Posts Member Since: 10/30/2008 Brooklyn, NY
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Posted: 21:07 on 10-30-2008  
Client is looking for a hard money loan in Fairfield, Alabama on his SFR NOO. Est value - $130K. Client needs a ~50% LTV loan, or $60,000. Minimum of 3 yrs (preferrably 5), 12-13% IO, no prepay. Lender(s) get own trust deed in 1st position. Fico = 653
 
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cjmazur
 4284 Posts Member Since: 07/23/2003 Cupertino, CA
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Posted: 02:32 on 10-31-2008  
have you googled around?
There are lots of private/hard money lenders out there.
 
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Dygital
 2 Posts Member Since: 10/30/2008 Brooklyn, NY
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Posted: 02:38 on 10-31-2008  
Yes, to no avail. Anyone you recommend I try?
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On 2008-10-31 02:32, cjmazur wrote:
have you googled around?
There are lots of private/hard money lenders out there.
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