Immediate $200K First-Position Payoff Acquisition – New Orleans, LA

[Torey Jones]

Looking for true bridge/private capital operators that can move immediately.

Need:
$200,000 short-term first-position payoff acquisition.

Property: can share information - 

Current payoff:
~$185k

Approved refinance already in place:
$278,000

Title already open. Refinance scheduled to close next week. Bridge lender repaid directly from refinance proceeds plus agreed fee.

[Vijay Friedman]

Quote from @Torey Jones:

@Vijay Friedman yes due to timing - and deadline was moved up 

@Torey Jones
Thanks for clarifying. Since the refinance is already lined up, this sounds like a timing bridge rather than a qualification issue. If title is already open and the refinance approval is in place, this could be a fairly straightforward situation. 

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