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.

Comments(5)

  • SmileyFace8th October, 2003

    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 ]

  • killenjw8th October, 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.

  • killenjw8th October, 2003

    The hard money lenders wont call me back!

  • loans24seven9th October, 2003

    what state are you in?

  • OCSupertones9th October, 2003

    Quote: Joined on: 09/24/2003
    Post: 25
    Tarawa Terrace, NC


    North Carolina

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