Hello Mr. Hodges,
As backround:
I own the 10 unit apartment building around the corner from you
at 18 Waterloo Street S. (Goderich).
I am looking to either increasing a first mortgage or to add a third mortgage on the property. I’m shopping around accordingly.
The existing first Mtg is about $250,000.00
The second Mtg. is held by the County under the Affordable housing Program. It’s for $140,000.00 but no payments are required as it’s a forgivable instrument. I want to pull out an additional $300,000.00 for another project. Please advise
Regards
Hello Mr. Hodges,
As backround:
I own the 10 unit apartment building around the corner from you
at 18 Waterloo Street S. (Goderich).
I am looking to either increasing a first mortgage or to add a third mortgage on the property. I’m shopping around accordingly.
The existing first Mtg is about $250,000.00
The second Mtg. is held by the County under the Affordable housing Program. It’s for $140,000.00 but no payments are required as it’s a forgivable instrument. I want to pull out an additional $300,000.00 for another project. Please advise
Regards
Bruce Gibbings