Double Escrow Alternative Funding Questions

Mark:

Thanks for your interest.  I would be very happy to fund the purchase.

You will need to have the transaction a lot further forward for us to help you much.  Get a local hard money lender to give you an approval letter for a specific value.  That is easy to obtain. 

I would like to help you more on this.  This week I will announce a web meeting about this type of funding and show a couple of sample transactions.  Hopefully you can participate.  Since money is involved, we expect people to present transactions already knowing exactly what and how to do it.  Otherwise things are not going to work out anyway.  If I were you, I would first try to double close without our funding.  Maybe you do not need us and can make more money.  Then, if you need us, you will have all the paperwork in order and we can act quickly.

Let me know when you have both sides of the transaction more advanced.  If you need to know more about double closes, consider my Short Sales A-Z Video Course.  This subject is covered in detail, with samples documents and everything.  Amazon.com has a discount offer for it at $150.  That is $100 less than at my web site.

I look forward to doing business with you.  Hopefully we can fund this transaction for you.

Oscar

At 12:53 PM 8/31/2008, you wrote:

Dear Oscar,

Thank you for the information.

The purpose of this email is to maybe get your help concerning funding on a
new construction that is headed for foreclosure. I am a Real Estate Agent &
Investor and have successfully negotiated four short sales for first time
home buyers in the past four months.

I will be meeting a lady tomorrow morning to discuss selling her home as a
short sale. Now that I have the extra knowledge on short sales I would like
to take control of this high end property with an option contract, in my
investment company name and negotiate the short sale then find an end buyer
to do a double close. This will be the first time I will attempt to
negotiate a short sale as a buyer and would like to know if you could fund
the deal and provide an approval letter for the offers that I will be
sending to the bank.

The details of the home are as follows:

(New Construction) Treyburn Country Club. Durham, NC 27712

4BR, 3.5BA

3268 Sqft on .47acres

Approximate Quicken Loan Balance: $412,000 (Conventional) One Mortgage

Market Value: $380,000 – $395,000

Quick Sale: 369,900

1st Short Sale Offer: $269,900

I am willing to share the profit for your help!

Please let me know something ASAP.

Best regards,

Mark

Subject: Double Escrow Alternative Funding

Friends:

Here is a great loan product available for double closings.  We
provide one day double close alternative funding for up to $3M.  Our
interest is three points.  We can deliver as quickly as within 72
hours.  We can also connect you with an expert national escrow firm
specialized in this transactions.

Here are the details:

One day only funding.
3 Points
Provide Aquisition and Resale Documents
Provide associated supporting documents (settlement letters, end
buyer funding approval, etc)
We need at least 72 Hours.  More time would be better
We can connect you with a specialized escrow company if needed.
This is not a coaching.  You need to know what you are doing.
Email me any ready to go deal you may have.