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Old 06-29-2007, 08:20 PM
cassie701 cassie701 is offline
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Need A Private Investor
I have a borrower who does not qualify for a home purchase right now. However, he has found the home he wants. He has asked me if I knew of any investors or company who would be willing to purchase the house and lease it to him or do a lease option until he is able to purchase from investor. Approx 1 year. Can anyone point me in the direction?
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Old 07-03-2007, 08:45 PM
scaisse scaisse is offline
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What state is he in?
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Old 07-03-2007, 08:57 PM
cassie701 cassie701 is offline
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Spartanburg, SC
Sales price $269,900 new build. Builder paying closing costs.
Sterling Estates subdivision -Lazarus Home Builders
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Old 07-03-2007, 11:26 PM
scaisse scaisse is offline
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Not my area so I did some searching... Project might be a possibility...?

Would the builder be willing to do a seller carry? I just got an approval from Saxon for 100% CLTV with a 550 score, full doc. 85% with Saxon and they were fine with the builder carrying the other 15%. Rates aren't great at 10% but as far as I know they are the only one out there doing this type of loan.
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