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Income Producing Property Financing
By Administrator | August 26, 2005
We specialize in income producing property financing and we underwrite the loans in-house. What this means is your project is analyzed and any gaps corrected before being submitted.
To Submit A Loan Visit: www.efundingsource.com
Topics: Loans |
4 Responses to “Income Producing Property Financing”
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August 26th, 2005 at 12:54 pm
Question:
We are in the process of evaluating our alternatives to purchase 3 NNN properties by Jan 2006. During this analysis, we are looking at various ways to achieve our goal. Some of the options are:
Obtain $600,000 to be used at the down payments from the equity we currently have in our rental properties. To obtain this money, we are looking at options such as
Refinance existing loan
Cross collateralize
Place 2nd’s on each property/pledge equity
If possible, we would like to spread the $600,000 across 3 or more but 3 is probably more realistic.
Question - is it possible to obtain 100% loan on the purchase of a NNN property by cross collateralizing the properties?
Please let us know what you may be able to do. We are working with a very experience Real Estate ad visor in these purchases.
Our credit is good with NO problems.
August 26th, 2005 at 12:56 pm
Answer:
There are several different ways to accomplish the 100% loan.
November 6th, 2006 at 4:12 pm
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