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Forums » Seeking Financing, Money, or Loans » Need private/hard money funds to purchase Brooklyn, NY property

Need private/hard money funds to purchase Brooklyn, NY property Subscribe to Need private/hard money funds to purchase Brooklyn, NY property

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Tag Tags: hard-money-needed-new-york


Daryl A.

Real Estate Investor · Queens, New York


Forum_avatar_avatar-daryl_a

Icon_minipost Oct 22 '09, 04:21 PM

HI,

I need a private/hard money lender.

Property is located in Brooklyn, NY 11236. Comps in area range $375K-$450K within last 6 months. Two family house detached with 5 beds/3 bath, basement, and backyard. (1416 sq. ft., lot 2210 sq. ft.) Exit strategy is refinancing b/w 1-3 months. I already have a retail buyer who wants to lease-to-own and will purchase b/w 6-12 months. Her down payment money provided the earnest money.

Need $270K to cover purchase, closing costs, and some repairs. Will pay points, interest, and fees once deal is closed or when property is refinanced.

Contact me for more details or if you can help. Thanks and hope to business with you.

Edited: 06/26/2010 at 10:12AM


Dave Rossman

Real Estate Consultant · Miami, Florida


Forum_avatar_avatar-daver

Icon_minipost Oct 27 '09, 07:24 AM

Daryl,

I may be able to help you, but how realistic is the ARV of 450k? Your net loan will probably not exceed 60% leverage of the ARV, feel free to email or call.

Best of luck,
Dave

Edited: 06/26/2010 at 10:15AM


Joshua Holiday

Banker · Westmont, New Jersey


Forum_avatar_avatar-joshholiday

Icon_minipost Oct 28 '09, 12:02 AM

please contact me about this deal

I am a notion wide direct hard money lender

Edited: 06/26/2010 at 10:16AM


Edwin De leon

Hard Money Lender · bronx, New York


Forum_avatar_avatar-edwinreiloans4u

Icon_minipost Dec 26 '09, 06:47 AM

Not only do I have access to hard money, but have resources to alternative financing options to help close deals.

Not promising anything just giving you more ways to close your deal, by talking. PM me.

Edited: 06/26/2010 at 10:58AM



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George Bloom

Hard Money Lender · West Palm Beach, Florida


Forum_avatar_avatar-finsolamerica

Icon_minipost Dec 28 '09, 11:30 AM

Daryl:

We have a hard money brokerage program that will connect you to the best hard money resource for any type of real estate transaction. Email me your contact information and I will send details.

George

Edited: 06/26/2010 at 10:59AM


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