I Need Financing
Have a deal lined up, having a hard time finding financing. 13plex (small commercial loan needed) GOI- $67,560 NOI- $59,829 (tennants are paying for water, sewer (Landlord gets the bill and tennants pay 1/13th each), their electric, and heating, I believe each unit has baseboard type heating) Purchase Price 440K Down Payment 88K (20%) Down payment is from equity partner (My Dad) who doesnt really want to be on the loan. Me credit scores are- Equifax- 652 TransUnion- 672 Experion- dont know I make around $1000 per month so I cant use my income to prove that I could pay for this. Anyone want to make 8% on their money amoritized for 40 yrs w/o charging me tons of points? I will consider balloons 5 or more years out. We need to move on this one. -Chris
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Benny
[addsig]
Please contact me I am an easy mortgage consultant and I may be able to help you with some creative financing. I can send you info and a application. Please see my profile and email me.
[ Edited by cpjassocitates on Date 10/30/2003 ]
hi, my name is shauan short and i can help you in your current situation. email me at : **Please See My Profile** and send phone # so I can call you to get you rolling. Have a blessed day! <IMG SRC="images/forum/smilies/icon_wink.gif"> [ Edited by selissa on Date 10/30/2003 ]