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10-19-2006, 05:38 PM #1
Renter
- Join Date
- Oct 2006
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90% and 85% MultiFamily Financing
Finally Real 90% and 85%
MultiFamily Financing!
New Construction & Rehab - 90% LTV, 40 year amoritization, 40 year Term (no ballon), low fixed rate, Developers fee of 10% of cost allowed to be used towards equity, non-recourse(no personal liability),negotiable pre-payment terms, Loan is assumable, third-party costs and loan costs are financeable.
Acquisitions & Refinancing - 85% LTV, 35 amoritization, 35 year term (no ballon), low fixed rate, 7.5% seller promissory note allowed for down payment requirements, non-recourse, negotiable pre-payment terms, Loan is assumable.
PRINCIPALS ONLY - $2 Million Minimum
Contact: Paulette Cross-Castle at: pauletteccastle@aol.com
Last edited by Chief Tutor; 10-19-2006 at 05:50 PM. Reason: No phone numbers allowed
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