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Updated almost 7 years ago on .
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Hard Money Loan Needed
I have an excellent property under contract in Johnston County, NC. Loan needed to close is only $80,000. The property is 50 acres of land zoned to be sub-divided in 3 phases-with first phase improvements nearly complete. i.e road is paved, lots are approved for on site septic systems, water lines are in, as is electricity. Value of the property is $450,000. So Loan to value ratio is extremely low.
Offering