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Vaportrail

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Reply with quote  #1 
Hello All -

I have a completed builder project consisting of seven condo units.  I have a buyer that wants to purchase all seven units.  I am looking for a lender to provide 80% ltv financing for each unit.  Cannot go institutional because of the Fannie mae warrantability.  Project will be warrantable after buyer sells 4 units.

This financing will be for a max three years.  Terms to be discussed.

Buyer has a 700 middle credit score and $150K+ cash in the bank.

Total financed amount will be $975000.00.  Will be broken down into 7 seperate Deeds and Notes.

Get opportunity for investor to make some safe money.

Thanks -
Ken
858-780-9588

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If Time is Money . . . Give and yea shall recieve . . .
c619

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Reply with quote  #2 
Ken,

Thanks for your message.  I've been looking for a way to make some good, safe money -- preferably a butt load of safe money.

How much do you need/want?  I have a lot.

How much can I make?  I would prefer to make at least 50% per year, but I'd be OK with 40%.  But safe, too.  I'm not crazy about those schemes where you make a lot of money but then lose it all. 

But you said "safe" right?  So I won't lose all my money will I?

How much can we make?  I'm just dying to make a killing.  But safely.

Vaportrail

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Reply with quote  #3 
Gee - I would have to guess on the actual amount you can make.

I think a Butt loan is a fair guess - that is if you are comfortable with an entire Butt load.

And safe . . .  as safe as any Butt load can be  . . . .  you would have to be the expert on the safety.  It seems that having "alot" of money probably means that you have earned a Butt load a time or two before.

I really don't think this type of investment would suit you.

You are looking for a Butt load, and this one might put you in a Big Hole.

ThAnKs ThOuGh -    

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If Time is Money . . . Give and yea shall recieve . . .
c619

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Reply with quote  #4 
Dang Money needed NOW !!! ManThat's too bad that you don't want my money.  You sound like such an upstanding money solicitor.

Oh well, I guess I'll just have to invest with that Nigerian prince.
Vaportrail

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Reply with quote  #5 

Yes that would be a wise decision . . . . . I hear that the Prince of Nigeria is looking for a young lad such as yourself looking to get a butt load.




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If Time is Money . . . Give and yea shall recieve . . .
Smithosity

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Reply with quote  #6 
Quote:
Originally Posted by Vaportrail

Yes that would be a wise decision . . . . . I hear that the Prince of Nigeria is looking for a young lad such as yourself looking to get a butt load.





Snap!
Greg

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Reply with quote  #7 
bizarre


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