
10-01-2005, 09:01 PM
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Hard Money - the real item A quick post to start things off in this forum.
Chelsea Private Equity LLC provides funding for deals on hard money terms. This is traditional hard money - credit is not checked to determine if the deal makes sense. We work from the value of the property. We focus on the value so if you get a great deal for less than the value we do NOT pick the lower of the two when setting the LTV. I am talking about as-is value determined by an appraisal.
As rates and terms can change with the market send me email for specifics. Our rates do not change often. I just do not know how long this message will remain in the archives.
We cover most states. We only lend on NOO deals.
The principle underwriter has over 20 years of direct RE investing experience so we understand how a successful investor puts a deal together.
John Corey
Chelsea Private Equity LLC john.corey@gmail.com
+1 (503) 906 7840 x1108
+1 (503) 210 0227 (efax) |
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