Investor Needed Urgently!!
120k (as of now) FMV
60k purchase price
20k in rehab and holding cost
Need 80k will return 88k as soon as the property is sold. (should be 4 months)
Interested see my profile. Have 6 days left and no mortgage company will touch it.
I wish I could help you, but I don't have it. Did you call any hard money lenders? <IMG SRC="images/forum/smilies/icon_smile.gif"> [ Edited by SmileyFace on Date 10/08/2003 ]
The house has a catch 22. It has an addition that was done half a** and it is falling down. It doesn't hurt the house at all because it was done sloppy but it really is falling down. The VA says it can't be fixed until it is sold and the mortgage companies that I have talked to (5) have said it has to be fixed before it can be bought. Fixing it is not an issue it will just have to lose the extention but I am at a loss on how to solve this one.
The hard money lenders wont call me back!
what state are you in?
Quote: Joined on: 09/24/2003
Post: 25
Tarawa Terrace, NC
North Carolina