It depends where you are located, but there is a hard money loan program that will; here are the details:100 LTC (between 65-75 ACV)10.99%~11.99%4-5 PointsSpec or Owner/Builder Allowed6-18 month maturity (extendable to 5 years)Interest Only PaymentsRepayment is based upon disbursed funds not total loan amountNot FICO Driven (equity driven)No Reserves RequiredIndividuals, Corps.

Hi there in your still in the market for a HML with that LTV and being Residential I would love to assist you, shoot me an e-mail and we can discuss in further detail.

Once I see which ones compare by physical characteristics, I then try to find them on the MLS to get detailed information.Good Luck!

Unfortunately for me I'm murky on the details.

I wont go into a ton of details, because no one wants to read a novel here, but if you would like to contact me directly, I will walk you through it.

Tell you what shoot me an e-mail and we can discuss in further detail.

stuff like that happens all the time - bottom line is you don't know the details and by that deal not happening, you probably saved yourself a lot of money.

There are tons of things you need to do to investigate a property (maybe I should write a detailed piece about it - hmmmmm): investigate liens, encumbrances, zoning, HOA . . . if you're trying to rent it out: tenant law, market rents, general landlord knowledge . . . if you're rehabbing: covenants on working, comps . . .

HUD's site, "Help for Homeowner's Facing the Loss of Their Home," provides a step by step plan and offers more details on HUD's loss mitigation programs.

BTI should have included more details in my first question.