(Tri-State Area) and other hot areas.If you are the direct Principal Borrower and have an existing commercial income producing property,contact me.Our lender will fund from $500,000 to $20,000,000.You must provide a Executive Summary,our funder can close these deals in 10-14 days.If interested in getting quality and immediate funding,contact me.Thank you,Don Carter

Because they're paying ME $521/month on the $71K they borrowed.

Lenders cannot speak to third parties due to the privacy laws so you need the borrower.

I wouldn't mind buying it as an REO, but I feel a keen obligation to the borrower to stop a foreclosure for him.Any ideas will be appreciated.Jerry in Illinois

I am looking for such info as the purchase price of the house, how much has the house been borrowed against, Tax info etc...2) Is there also another web site that will give me a close number as if I had an appraisal done.3) Lastly, is there a web site that you tend to go to alot to help you in determinating if the house you are looking at is a good buy or not?

There is a lot of effort and assistance offered by "on campus" financial aid and counseling services, though- "grants, loans.. and heaven forbid... sometimes they suggest taking a job!"

Down payment is the amount (percentage) of the total price that comes out of YOUR funds, not borrowed money.BTW, most deals don't close "in a couple of weeks" after your offer is accepted.all cash

The co-benficiary agreement is a PRIVATE document-not recorded anywhere, but the Trustee for the Trust must follow the directives of the beneficiaries.You will need to have an expert assist you..

Construction Items required in a Preliminary Package1.Project description (which includes number of units, proposed pricing of units, total costs, per plan costs, profits, proposed equity and proposed loan amount, any subordinated debt)2.Project cash flow3.Location map4.Cost breakdown 5.Market study - if available (an internal or third party study)6.Sequence list (including lot number, plan number, base price, proposed premiums) 7.Biography or resume of key management8.Authorization/Release for Business and Principal9.Borrower’s Certificate of Past Credit Relationships (attached)10.Banking references and two sub-contractor or supplier references (attached)11.List of all current projects (location, price range, size range, sales rate, JV partner, lender) (attached)12.Financial Statements for borrowing entity and guarantor(s) (attached)a)Current financial statements, indicate book value or market value basisb)Statements must accurately report all assets and all liabilities (include contingencies)c)Statements must be signed and datedd)Signed tax returns for past two years (please include all K1’s)13.Financial Statement Certification (attached)14.Tax Return Certification (attached)15.

Ameriquest is known for very quick closings, no appraisal needed and a big name.The reason they close so quickly is there fees are always extremely high, which they do their best not to disclose, they blow up their appraisals so you have a great chance of borrowing more money than your home is actually worth (personal experience with one of my clients), and the rates are higher than every other subprime company.For people with bad credit, find a mortgage broker to shop the best rates for you.