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This is a current project we are flipping looking for a 1st position lender to take over to allow time to complete rehab and sell. We have over 50% of the work completed but now paying extension fees with the current lender. This opens the door for a new lender to make a great return at a great low LTV. Property BPO recently hit 285K, 47% LTV, Promissory Note, Personal Guarantee, Mortgage and Loss payee on Insurance
$135,000
May 7, 2024
We are looking to refinance our property for a short term period to allow our buyers more time to qualify or we will simply refinance. This is paying off hard money and private money on this property under 75% LTV.
$280,000
May 7, 2024
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