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I need to refi a rehab that I currently have a hard money loan on
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Jay (NM)
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 Posted: Sat Oct 15th, 2005 06:11 pm
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I can help you. Refi your prop
When you are looking for a funding source,
let us be your WHITE KNIGHT!

You are feeling stressed ... you need business funding

All your loan requests have been denied and you have exhausted all possible conventional means of obtaining funding

You still need business funding!

Chances are the direction you take, will not lead you to the funding source that is the best match for you.

Statistics show that only 3% of businesses, find the funding source that is the best match for their unique circumstances.

As a result, any one of several disappointing or unacceptable outcomes is possible.

Don’t let this happen to you!

FDP Financial Solutions
has the knowledge and expertise to offer you the single best source for your funding, anywhere in the world. We have a wide range of funding options that cover projects as small as $100K, to those needing several billion dollars in funds. The best part about our service...you don't pay us for our services, unless we get your project funded. (Note that some of our sources charge upfront fees and some don't. The goal is to match you and your project up with one of our sources, that has an interest in your project. Since we will have a non disclosure/non circumvent and fee agreement (to pay for our services at closing) in place prior to proceeding with your project, you will be able to talk to the source that has an interest in your project direct, to discuss terms, fees, etc.)

Go to the three links below to start your funding process.

You will be contacted within 24 hours normally.

1. Fill in and submit the info on this form (as many questions as apply to your project)

http://www.secondchancetofinance.com/john.wardell/srtqif.doc

2. Print and fill out the required info on the following two links below and fax them to 425-969-4989

http://www.secondchancetofinance.com/john.wardell/FDPFS-NCND.pdf

http://www.secondchancetofinance.com/john.wardell/FDPFS-IPO4.pdf

Here is a list of some of the projects that FDP has funding sources for: construction projects - real estate projects- rehab projects sfh and multi-unit- bridge loans- real estate project development- mining projects- oil and gas projects- hotel, motel, apartment and condo projects- resort projects FDP can fund projects world wide.

John (Jay) Wardell lll

Project Manager

FDP Financial Solutions

Springer Investments

505 483 2261

505 483 2281

775 898 8289 fax

e-mail: dellway502000@msn.com

fito41
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 Posted: Mon Aug 29th, 2005 02:01 pm
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Call me @ 754.234.8934

Betty
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 Posted: Mon Aug 29th, 2005 01:58 pm
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We don't have your email address.

We are also presently looking at a property being sold by the government at 50% of it's 'as is' (appraisal)price.  It is a modular on a slab. (not a trailer on wheels!).  It also comes with almost 3 acres.  It is being sold at $29,000 but is listed as having an 'as is' price of $58,000.  Do you have any programs where we can purchase this (or a regular stick-built house) at 80%+ltv?  In the above example at 90% we would receive $52,000, (minus closing costs), buy the proerty for $29,000 and pocket the profit.

 

Last edited on Mon Aug 29th, 2005 02:00 pm by

fito41
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 Posted: Sat Aug 27th, 2005 02:09 pm
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If the property has been rehabbed, and the FICO is there, you can obtain          100% LTV even on invesment properties.

You need cash reserves and probable be best if you own other real estate  assets.

If interested, send me an email. I can provide the financing                

 

Betty
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 Posted: Mon Aug 22nd, 2005 05:08 pm
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We have 2 properties.  One bought 11/04 and one bought 3/05.

Betty
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 Posted: Mon Aug 22nd, 2005 05:08 pm
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We have 2 properties.  One bought 11/04 and one bought 3/05.

MortgageHelp
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 Posted: Mon Aug 22nd, 2005 05:04 pm
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The problem you will encounter is how long you have owned the property.

The maximum LTV for cashing out is 95% on investment property and doesn't matter if your original mortgage is equity based just as long you can verify the mortgage payment history.

The question is how long have you owned the property?

Betty
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 Posted: Mon Aug 22nd, 2005 04:47 pm
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We bought the foreclosure for $42,000.  The hard money loan was for $65,000 based on after-repaired-value numbers.  It turned out great, now on the market for $118,000.  Any suggestions on how to get the equity out (quickly), without selling?


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