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equity share partner needed

by sabbot on Sun 11/30/2008 10:25 AM

I am interested in an equity share
partner for property in Temecula, CA.
Need to close asap. Great short sale
deal. I am occupying property with
one year lease ending 12/31/08 under
lease option to buy. I am an agent.
Comps are higher than sales price and
bank will pay closing costs.

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more details please

by regod on Wed 12/03/2008 05:11 AM

how much are you looking for from the partner? 

And what are the terms?

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equity share partner needed

by sabbot on Wed 12/03/2008 08:38 AM

Hi
Thank you for responding to my email. 

The purchase price of the property bank has accepted is $425,000. I need the down and a co-
signor or someone to qualify for the loan. As far as the terms, I am flexible and that can be worked out. If you have an interest, let me know asap and we can go over some senarios. 

Thank you
s

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equity share partner needed

by sabbot on Fri 12/05/2008 10:56 AM

Hi There
Just wondering if you had a chance to think about my equity share proposal and wanted to let you know that I would be willing to put the
3% down if someone would get an FHA loan for the property. This way an investor would not have to come in with any money. I would stay and pay the monthly expenses and if an investor would prefer, we could flip the house after the holidays (as recent model just sold for $585,000. Please let me know what you think.
Thank you.

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equity share partner needed

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