All Forum Posts by: Chad Black

I have yet to personally encounter this BOA condition, I ran it by my 2 local title companies here in Oklahoma at the end of last week, they both went up the chain to Head Legal Counsel and both TC stated there was NOOOOO WAY the would write a TP on that stip....we will see what happens.

Yes, i do the same thing. Except if an angent brings me a deal, I pay the full 6%

Yes, by filing an option contract you would have legal and equitable title to the property that you plan to purchase. It is necessary to do this in order for your B-C lender to approve the loan. You have to use a conventional lender that has not seasoning requirements. But if you file early, you might have 2-3 months on title before your B-C closes. Yes, you have to use transactional funding because of the end buyers desire to close with a loan. If the B-C was a cash transaction, it would be different. I have NOT completed a transaction in Cali, I can tell you just from my experience in the Midwest. I hope that helps.

File the option, it gives the equi. title, all you need.

I think that I have a possible option for you that would work. Email me if you are interested. Thanks.

[SOLICITATION REMOVED]

Its a VERY simple transaction....if preformed properly. [SOLICITATION REMOVED]

100% Commercial Financing? YES!!!


Found the deal but you don't have the down??? We can help! We are a full accredited Commercial Down Payment Assistance Program. The criteria is simple:

1) Seller MUST be willing to work with Buyer to optimize Commercial DPA.
2) Property must have sufficient equity in order to structure the DPA into the purchase.

There are several key benefits to our program:

a) Ability for Buyers/Investors to obtain Multi-Million Dollar Commercial Assets with NO out of pocket Down Payment!
b) Better Rates/Terms! Because of the new LTV %, thanks to Commercial DPA, banks will offer both better rates and terms on your loan.
c) Sellers willing to work with our program will open the doors to MORE BUYERS, which will allow them to obtain above average NET figures, while cutting there days on market!
d) Real Estate Agents and Commercial Loan Brokers. Get more deals done, PERIOD! ! !

For more information please fill free to call or email me with any questions or property scenarios. Thanks.
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Chad M Black
Managing Partner
Midas Capital Funding, LLC
[email protected]
1-405-826-6356

Good to see you here.

Good to have you.