Refinance of 2.1 acres with rental rehabed 1975 mobile home

gljohnson2945 · Joined: 25 Jul 2006 Posts: 3 2.44 Dollars($)

I purchased the land and mobile home in 1994, invested another $10,000 in it by upgrading the mobile home, landscaping the property on which the mobile home is situated, and put up a new metal storage building 8x10, torn down two and removed two pads, and installed a custom designed privacy fence between my home and the mobile home. Collected over $36,000 in rent since 1995. Need the income to pay for a capital improvement loan using this property as collateral so that I can complete exterior capital improvements to my residence which we refinanced last August with a 100% loan on a "as is" appraisal with plans to refinance both tracts within 4 years. I need a $20,000-$25,000 loan to accomplish this! Who can help us?? Banks here are not interested. My residence appraised for $163,000 before any capital improvements to the exterior.

Jessica · Posted: Wed Jul 26, 2006 4:38 am Post subject: RE:

Hi,

Once you go for a free loan sign up with us at http://www.mortgagefit.com/signup/ , your loan request will be forwarded to our Loan Department and they shall co-ordinate with our Community lenders. The Department will then contact you as soon as they come across lenders who are ready to process your loan.

Regards,

Jessica.

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