 |
|
|
ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
|
Nesgroup address: misc.invest.real-estate - Date & Time for the message: Tue, 22 Feb 2005 08:20:52 -0500
/ Author of the message: "longshot" |
Title of the message: |
Re: financing idea - what do you think?
|
Text of the message: |
> > I'm looking to purchase a 12 or 16 unit building, and have an > > interesting idea for financing the downpayment. I'd like to get some > > feedback on how ethical or legal this might be - or if it might really > > work. > > If I have property worth 150k with 100k in equity. I find two seperate > > lenders to write 2nd mortgages and close on the same day - each for the > > 100K (or so). Thats 200k plus, and I've then got 20% down on the > > million for the building. Once that closes (the 12 unit building), and > > I want to sell the first property, I tell the two lenders that I need > > to sell, and have them move thier leins to my new property in order to > > have a clear title on the first property. > you sign a paper at each closing that states you don't have any other "irons in the fire" regarding finaancial issues or loans. you would go to jail. -- Be cool, Longshot . |
<Rentals>
<House Exchanging>
<Frequently Asked Questions>
<Add Article>
<Help>
<Terms & Conditions>
<Guestbook>
<Prices>
<Tips on writing your listing>
<Real Estate Forums>
<News>
<Press Room>
<Success Stories>
<Estaplace.com History>
<Webmaster's Tools>
<Copyright>
<About Our Team>
<Search Real Estate Agents>
<E-Mail Us>
|
[ USA -> CHICAGO - 27/August/2025 08:53:42 ]
We have 24807 properties listed. Yesterday traffic on Estaplace Real Estate was: 4565
unique visitors with 156094 page views. To view more statistics about
Estaplace Real Estate, click here.
|
Estaplace.com is a worldwide and international real estate directory, with thousands
of real estate listings, divided into countries and regions. All material, the structure, and the layout on this site
are © Copyright of Estaplace.com by Ceglia Giovanni located in Trento N. 74 Pal. I Street in Pagani(Salerno) - Italy.
Italian Business Code: Partita IVA N. IT03972320653, registered in the "Camera di Commercio" of Salerno.
Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.
Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.