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1 condo in town financing - LoanUniverse Community

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1 condo in town financing


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#1 Guest_Guest_john_*

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Posted 02 December 2004 - 01:59 PM

looking for lender for first condo sale in this town, Project has 4 unit that are being sold separately.

#2 loanuniverse

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Posted 02 December 2004 - 07:41 PM

John:

In the internet saying “this town” could mean Beijing, London or Miami. If you want someone to respond with some worthwhile feedback giving that piece of information as well as details on your deal would go a long way towards getting it.

#3 Guest_Guest_askforjohn_*

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Posted 02 December 2004 - 09:10 PM

QUOTE(loanuniverse @ Dec 2 2004, 07:41 PM)
John:

In the internet saying “this town” could mean Beijing, London or Miami. If you want someone to respond with some worthwhile feedback giving that piece of information as well as details on your deal would go a long way towards getting it.

Thanks for the advise, . The single condo is in a 4 condo complex. It is the first condo complex in a small Texas town population about 40,000, therefore no comps nearby. Closest comps about 20 miles away.therein making it a difficult loan to place. The potential buyer fico is 700 and can go full doc. An open house is scheduled this week-end in case this buyer backs and to show the remaining three condos. My email is askforjohn@charter.net

#4 loanuniverse

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Posted 03 December 2004 - 01:17 PM

Good luck finding a lender for this buyer, but this might not be the best place to find one as most broker/lenders are commercial and you are looking for residential funding.





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