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Updated about 9 years ago, 10/19/2015

User Stats

307
Posts
127
Votes
Benjamin Pekarek
  • Rental Property Investor
  • Asheville, NC
127
Votes |
307
Posts

Need $250,000 at 10%

Benjamin Pekarek
  • Rental Property Investor
  • Asheville, NC
Posted

Hello all! 

I need to buy out a family member, and their name is jointly on the current mortgage, as well as their equity stake. I'm looking for $250,000 for a 12 month interest only term at no more than 12% total interest. Property is a 100% occupied, cash flowing (at 11% first, and equity split equivalent of 18% on her equity), just need to get out the fallen out family member.

My exit strategy is to refi with First Key once the deed has attained one year seasoning eligibility. 

Anyone with the ability to fund, and fund quickly (end of November at latest for closing!) is welcome to contact me. 

Thank You! 

Looking for

User Stats

2,283
Posts
1,101
Votes
Charlie Fitzgerald
Pro Member
  • Lender
  • Las Vegas, NV
1,101
Votes |
2,283
Posts
Charlie Fitzgerald
Pro Member
  • Lender
  • Las Vegas, NV
Replied

I'd be happy to assist with this.  Need some more infornation fron you.  Can we talk tomorrow morning?  I am PST.  We are direct lender, private money, and I can get you better than your offered terms. Email me your contact info to: [email protected] 

  • Charlie Fitzgerald
  • User Stats

    209
    Posts
    43
    Votes
    Matthew Nixon
    • Real Estate Agent
    • LONG BEACH, CA
    43
    Votes |
    209
    Posts
    Matthew Nixon
    • Real Estate Agent
    • LONG BEACH, CA
    Replied

    sent you a PM @Benjamin Pekarek

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    User Stats

    206
    Posts
    4
    Votes
    Donald Stone
    • Lender
    • Tampa, FL
    4
    Votes |
    206
    Posts
    Donald Stone
    • Lender
    • Tampa, FL
    Replied

    Benjamin i think i can help you with the loan you need.  Contact Don at 813-344-6546 or [email protected]