Fast Loan Needed


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  • Good morning,

    I have a contract on a house scheduled to be foreclosed upon this week in Federal Way, WA.
    We are looking for $54k to reinstate the loan.

    We have asked the lender to extend 2 weeks, but have not heard back yet.

    Total balance is approx. $198k including reinstatement amount.
    House value approx. $475k.

    Any private lenders, please let me know, we’ll pay a great rate.

    Thank you,

    Mike Weiss
    928 533-6195

    .Mike, you might check out PrivateLenders.com they have some interesting resources.

    –Dee G

    Mike,

    I do private money loans. I live in Oregon and Washington is okay for me. However, federal way is a ways away, you have anything closer to Portland?

    I would certainly consider helping you and my interest is security. For you and myself.

    I would consider subordinate property as collateral, an Oregon property Washington property. Perhaps in Vancouver Washington or the surrounding area.
    Until they revamped the Dodd Frank rules, most licensed loan originators were all willing to originate loans. There are fewer of those now.
    My rates are not attractive I will say that, but I have borrowers that use my money and fixup and refinance and simply hold their properties with new financing.

    Dan Butler, Portland, Oregon

    Thanks Dan,

    My ‘partner’ has ghosted me and I don’t have a need for a loan any more.

    I remember you from a Miller event years ago.

    You’ve always been helpful.

    Thanks,

    Mike Weiss

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