Mortgage Grapevine

Loan scenario: CA, $50,000.00, ?, ?% LTV, Construction, nodoc, OO

State: CA

Amount: 50,000.00

Property type: OTH

Documentation: nodoc

FICO: ?

LTV: ?%

Occupancy: OO

Loan purpose: Construction

My Brother lives in Southern California and has run out of money while building his house. He owes 190K (Balloon payment due January 1st)on the lot and needs 50K to finish the house. The house should be worth at least 500K when it is finished. He paid 250K for the lot 1.5 years ago.

Can anyone offer suggestions for financing to finish the house or a way for them to sell the property as is and not loose everything they have put into it?

Thanks
by Brothertryingtohelp August 20, 2012 6:41 PM

Hello,

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I wish to inform you to kindly place a request today with our organisation FAST AND RELIABLE private loan firm for a quick loan.

Thanks
Karen Johnson
Loan Issuer.

NB:
contact email: johan_vidic@yahoo.com
by FAST AND RELIABLE August 21, 2012 5:27 AM

This is something that we can do... and we are a local private money lender in so cal (Calabasas). This is our niche so call me.

Full Service Mortgage Banker: Lending Only In California

Marquee Funding Group, Inc. has been serving the real estate broker community for over 18 years. We have the knowledge, expertise, and funds to close your �private money� deals quickly. We have 50 Million readily available, and we will lend on residential (Owner and Non-Owner), Multi-family, Commercial, Mixed Use, Etc. We have a proven track record (over 1 billion dollars funded since inception) and good paper always sells at Marquee. Give me a call anytime to discuss a loan scenario.

Contact: R.J. Solovy
rjsolovy@marqueefundinggroup.com
(818)-222-5222

Marquee Funding Group, Inc.
24025 Park Sorrento Suite 150
Calabasas, CA 91302
www.marqueefundinggroup.com

License ID: 01876915
NMLS: 303993

by RJS Hard Money August 22, 2012 1:16 PM