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Ami Singh
  • Pasadena
3
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11
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NEEDED ASAP: 2nd loan $350k (1st loan $765,600 approved)

Ami Singh
  • Pasadena
Posted May 21 2020, 17:00

I am real estate broker with a buyer that has an accepted offer accepted for a home with a base price of $1.25 M.

The CLTV is 90%,1st loan amount is $765,600 already approved, HELP NEEDED W/ 2nd loan at $350,000.

Please call me ASAP if you are interested 323-806-5266 or email me at [email protected].  Thank you, Ami Singh

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29
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Pasi Musaindapo
  • Lender
  • Denver, CO
9
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29
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Pasi Musaindapo
  • Lender
  • Denver, CO
Replied Jun 9 2020, 23:04

Did you ever find the funding for your buyer?

If not give me a call.

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33
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32
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George G.
  • Rental Property Investor
  • Chicago, IL
32
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33
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George G.
  • Rental Property Investor
  • Chicago, IL
Replied Jun 14 2020, 10:44

Many lenders do not like to take 2nd position on the loan.  It may be a challenge for that amount.

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