Detroit Hard Money for Purchase and Rehab of Residential Property - 12/14/08 06:31 PM
Hard Money for Detroit area Residential Investment Properties.
Perfect for Real Estate Investors buying bank-owned houses requiring rehab in Detroit.
House must be:
Brick
Minumum 3 bedrooms
Basement
Neighborhood must show Pride-of-Ownership
Borrower qualifications:
Minimum Credit Score 600 (case-by-case)
Provable Income
Must pay 10% towards closing costs
Qualify for a conventional refinance within 12 months
Loan Terms:
13 Month Interest Only Balloon Note
Maximim 50% LTV based on ARV (After-Repair-Value)
Minimum ARV $50,000
Maximum Loan Amount $100,000 (case-by-case)
Call for details (877) 854-0602 ask for Trent Dalrymple, Director-Investor Relations, Metro Mortgage Investments LLC.
More Information at: www.HardMoneyMi.com
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Trent Dalrymple

Royal Oak, MI

More about me…

Metro Mortgage Investments LLC, Private Hard Money Lending

Address: 26711 Woodward Ave., Suite 301, Huntington Woods, MI, 48070

Office Phone: (248) 547-3006

Cell Phone: (248) 854-0625

Email Me



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