Re: lender to refi

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Posted by Matthew G on October 15, 2009 at 12:25:09:
In Reply to: lender to refi non owner occupied posted by Ritch on October 14, 2009 at 17:55:00:
James,
Can you help me on this.PA scenario.
Client has a 55 acre farm . H&W make $125,000. Owes $150,000{e} and appraised at $368,000. Has had some tough times the past couple of years and realizes this would be a hard money loan. Wants to borrow $230,000-250,000. Owns the mineral rights ;house sits on the Marcellus plain in western pa. which contains oil, natural gas and coal deposits.He Is willing to assign the mineral rights as well.
Drop me a line

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Re: lender to refi James Harris 13:43:07 10/31/09 (0)

Re: lender to refi Ritch 13:46:11 10/15/09 (0)

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