Hey Everyone,
I have a Home in Chicago ripe for either
a Cash or Credit Investor Partner???
This Pre-foreclosure is located on Chi-Town’s South side!
Here’s my proposal -
Plan A
Cash Partner Investor Beneficiary -
Capable of Paying $71K all cash or bringing
loan current until Credit Partner’s loan can
close - see Plan B (below). in return for 10%
Profit Share Plus 10% for the use of funds.
or
Plan A1
Cash Partner to Purchase out right
New Trust formed to located an RB
with 5% to buy in at full Appraised
Value $154K
Cash partner to get ??% of Net and
???% of future sale - open to your
suggestions.
or
Plan B
Credit Partner Investor Beneficiary -
Qualified for 80% LTV new purchase financing.
In return for ??% of Net and ???% of future
sale - open to your suggestions.
$45K to $73K worth of equity to share…
Any takers? Let’s see what we can come up
with on this one?
Must act before December 3rd 2008
Derrick
(517) 879-4747
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