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Forums » Seeking Financing, Money, or Loans » Seeking Funding !!!

Seeking Funding !!! Subscribe to Seeking Funding !!!

5 posts by 3 users

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Tag Tags: financing


Glen Scharer

Real Estate Investor · Winter Haven, Florida


Forum_avatar_avatar-tlctosell

Icon_minipost Jun 24 '09, 11:35 PM

I am a seasoned investor, looking for purchase funding on
wholesale deals and forclosures. I can fund all the rehab.
I have a 747 credit score, about $30,000 liquid, have a
rehab under contract to close on or before Aug. 7 which I
funded myself bringing back in around $90,000. My rehabs are top notch and always have a buyer, I just need to keep one or two
under construction at all times to achieve my goals. I appreciate
you reading my post...Glen...TLCtoSELL

Edited: 06/26/2010 at 08:44AM



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Glen Scharer

Real Estate Investor · Winter Haven, Florida


Forum_avatar_avatar-tlctosell

Icon_minipost Jun 26 '09, 03:53 AM

Hi Lori, thanks for the reply. I am looking for a PML at this time for fast closings on deals. Do you have a source I can talk to? Let me know.

Edited: 06/26/2010 at 08:45AM


Joel Soforenko

Real Estate Lender · Springfield, Massachusetts


Forum_avatar_avatar-jfsjd

Icon_minipost Jun 26 '09, 08:04 AM

Glen, I am a hard money mortgage broker. I work with several lenders who fund these type of projects in Florida. These lenders are funding 60 - 65% of the after completed value, and some straight purchase price. The exception is one lender who will go up to 75% of purchase price. Please contact me for more details.

Edited: 06/26/2010 at 08:45AM


Glen Scharer

Real Estate Investor · Winter Haven, Florida


Forum_avatar_avatar-tlctosell

Icon_minipost Jun 26 '09, 10:12 PM

Thanks Joel, I will be in touch on Mond.

Edited: 06/26/2010 at 08:45AM


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