Market Commentary
Investor Opportunity: $700,000 first mortgage investment on property valued at over $3,000,000
July 18, 2012 | Posted by: Francine Tracey
Investor Opportunity: $700,000 first mortgage investment on property valued at over $3,000,000
This is development land, a holding property. The currentowner is looking to refinance the existing mortgage on the property. We are offering a yield of 12-13% on this file. We will provide to the investor mortgage application, credit bureau, appraisal on land, details of customer’s network and assets, and some confirmation of income to service the
mortgage.