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Need a lender, i know the interest will be higher, like I said, Farmland, very Bad Credit, facing judicial sale

by dangermouse713 from , California. Nov 5th 2013 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

facing foreclosure, bad credit and you have farmland.. it's highly unlikely you will find anyone willing to lend to you.. Hard money lenders might if you have enough equity, however the terms will be terrible. 50%-60% loan to value, and rates above 10%.. you might want to consider just selling.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Nov 6th 2013
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Eddie Stafford (eddie@lendingamerica.com)
#486 ranked lender in California - 6 contributions

Where is the property located, sales price and do you have 40-50% for down payment?

Nov 5th 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions

The odds are not in your favor for any traditional financing. A private hard money lender is likely your only option.

Nov 6th 2013
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