Looking For Co-Signer (No Equity Needed)
Hello, I am looking for a co-signer on a quick commercial construction loan for a small townhome development. Financing is already taken care of. All I need is a co-signer showing approximately $100,000 in income per year. The co-signer will only need to co-sign for the construction loan, then will be dropped from all liability when rolled into perm financing. Construction is scheduled to last 8-9 months.
Payment for services is negotiable for quick turnaround.
Please pm me for more info.
Thank you
Payment for services is negotiable for quick turnaround.
Please pm me for more info.
Thank you
Comments(0)
I have been looking into a local co-signer. The problem is, the deal is out of town for me. I have just moved to another town to start construction on the deal... and found out I will need a co-signer. I am limited to the people I know in this new town.
I am ready to give a generous amount for a co-signer through the construction phase.
What would you consider a good offer to co-sign John? I had something in mind and wanted to see if I am in the same ballpark. (I think it would be very generous to get the ball rolling quickly)
Also, this agreement will be drafted up by a good real estate attorney, so everything will be in good faith.
50% of 1000.00 is way better than 0% out of 1,000,000.
Well, anybody else interested? What do I need to offer?
I will offer a flat fee of $12,000. This should be seen as a very low risk in my opinion and a good 100% return. Scheduled buildout time is between 5 1/2 - 6 months.
Let me know if anyone is interested.[ Edited by kdub1777 on Date 04/17/2008 ]