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Updated almost 18 years ago on .
I need $100k very short term...
My situation is that I'm trying to come up with some short term financing either in the form of a second mortgage, or else a line of credit.
My situation is that I'm buying an apartment building, and at the same time I'm selling one. However, my sale isn't going to close until the end of May. But I have to remove conditions on this building I'm buying as of May 12th.
As you can see my dilemma is that I don't want to remove conditions until I know that my building is sold. Apparently the seller won't grant any extensions either.
So I'm trying to find a lender who will loan me either $100k could be secured by an apartment I own or my house. Or find a lender that will do a second mortgage on the apartment building I'm buying.
I have good credit, high net worth, and very low risk. Just one of those situations where my funds are mostly tied up and I need a short term loan. If you can help, please PM me. Thank you.