I'm assuming that you've already found financing to close on this property in Irvine, CA. If so, I'm assuming from the thread that you purchase properties quiet often so let me know if your in the market for anything in particular. I work the Orange County market and would be glad to work with you. Visit my profile for my contact info and I look forward to hearing from you.
Thanks and Happy House Hunting.
Yes that sounds good , if you still need that loan , you can go online a get a pricing form, you do not need to be an Approved Broker. We work with builders, investors and the general public.
A couple of issues :
1) If we get a value of 1.1M and you want a loan for 629K then you are at 57 LTV., And we can Cross-Collateralize if we don't hit that mark.
2) There is no rehab ? Even better .
We do these everyday at 65 LTV - so your'e good -
Send it over and we will get you pricing right away ,
Rush my File, Inc.
What's your exit strategy?
There are other alternatives.
Looks like your just looking for a Hard money Loan to 75% to buy it then your going to flip, correct?
Is $692K the sale price or loan amount your looking for?
Sr. Loan Officer
NMLS ID# 255097
Progressive Loan Funding (A Direct Lender)
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