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Richard Randall
- Male
- Far Rockaway, NY
- United States
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Need HML fast!!!!
2 Replies
Started this discussion. Last reply by Richard Randall Sep 27.
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Hi Kathleen, Thank you very much. The property is located in Broad Channel, I actually live on the block and have been watching it for a while. It already has alot of activity just 1 day on the market. I can supply exit plans as needed.
I apprecia...
Hello, I am looking for a HML that lends on ARV or atlest 70% of FMV. I have a SFR that I want to purchase, do a light rehab and flip. I am looking for 170k total, ARV is 274k - 314k.
Exit strat # 1 is to sell after repais are done, 2nd exit strat...
Hi Rich,
I am sharing your post with my finance colleagues to see if we can find you a solution to your quest for financing for your project.
Where is this property located generally?
Kathleen
Hello, I am looking for a HML that lends on ARV or atlest 70% of FMV. I have a SFR that I want to purchase, do a light rehab and flip. I am looking for 170k total, ARV is 274k - 314k.
Exit strat # 1 is to sell after repais are done, 2nd exit strat...
Her are some lenders i have found
FAQs Re Hard Money Lenders and Private Money Lenders
Hard money lenders (HMLs) and private lenders (PLs) are capable of making hard money
loans from smaller amounts up to $100,000,000.00 dollars or more. Different...
From what i have seen, most HML'S are like dealing with a bank. They are asking for 20% down and offering a high rate to boot. I cant understand why they would do that because i would rather go to a bank and get a better rate not to mention if mos...
That is some good info David. Thank you for sharing.
I am interested, how do i find out more on this?
e-mail me BCRELLC@AOL.COM
To use the 203 fha, don't you need to make it your primary residence??
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Comment Wall (3 comments)
- At 9:02pm on September 30, 2009,
Ron Miller said…
- sounds good. call me anytime.
- At 9:05pm on June 20, 2009,
Kathleen A. Scanlon, Esq. said…
- Rich, we assist our clients in structuring flip transactions that maximize profit while minimizing risk. One of my favorite tools is the land trust. Would love to sit down and discuss how it might improve your bottom line while avoiding the pitfalls of mortgage fraud.
- At 5:16pm on June 2, 2009,
Kathleen A. Scanlon, Esq. said…
- Welcome Richard to our site! Jump right in and start networking - any questions, please do not hesitate to ask!
Profile Information
- What is your Profession?
- real estate investor
- What are you interested in?
- foreclosures, flipping, REOs, buyers, wholesaling, rehabbing, residential
- What is the name of your company?
- BCRE LLC
- What is your position?
- President
- What is your location (city, state)?
- NY NY
- Phone Number?
- 347-231-3436
- Fax Number?
- n/a
- Do You Use an Instant Messenger?
- AOL
- Tell us about yourself:
- 1st year investor, I am looking to make as many contacts as possible with people in the same profession. Especially PML to back me on some great flips i found. Also willing to help others any way I can.
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in individual situations. You should consult an attorney about your particular situation. New York does not certify specialists in the law,
and we do not claim certification in any listed areas.
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