Which type of lender might lend on $100k EMD deposit?

[Taro Wichman]

I am wondering what kind of lender might lend on a sizable EMD deposit, $100k. Has anyone on the site performed a transaction that required it?

[Jay Hinrichs]

Originally posted by @Steve Vaughan:

I could maybe see it with a bona fide, proven credit risk on a rock solid, doable contract at 3x EM in equity price/terms and assignable to me to step in as buyer with enough time to save it if going to breach.  

What is being offered in respect to those items?  

Steve when I do these its all about relationships.. and even then its nerve wracking.. LOL ANd for the borrower VERY EXPENSIVE.. which equates to some equity ...  but if the deal is good enough and its the only way to get it done.. its a win win.

the transaction lenders for double close.. generally only put the money in the day of closing and get it back basically same day.. EM deals that I have done for apartments many times those funds are out 90 to 120 days.   it becomes big boy transactions.. :)