From: "Don"
Newsgroups: misc.invest.real-estate
Subject: Re: Home equity line of credit for flipping properties
Date: Tue, 28 Nov 2006 01:05:02 GMT
"MD" wrote in message
news:1164659706.789005.178020@l39g2000cwd.googlegroups.com...
> Speaking of which, I noticed you didn't offer any worthwhile advice
> or opinion on the post from the mortgage broker, just negativity.
On the other hand, the mortgage broker wrote:
"Good luck and if you have any additional questions, do not hesitate to
fire away,"
but has not responded to two perfectly reasonable questions as to statements
in his solicitation. That a lender requires "liquid assets" in the amount of
a mortgage loan in addition to the security of the mortgage seems strange
and would discourage legitimate applications. So I wonder what is going on.
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