Financing and Credit

Can I use a third party escrow company to assume a non-assumable loan?

We are new in real estate investing. We made our first offer on a property in Las Vegas, NV for $46,500. It looks promising as we have submitted the EMD.

But we are now faced with a huge road block as they want cash for the property. We were banking on our home equity but unfortunately, we were told turned down today. We were only able to get $15,000 using my car's pink slip.

One option is an Investment Mortgage Loan, but it would take a long time. If our offer is accepted, we have to come up with the cash within 24 hours.

I am a private investor and a private loan lender.Get financial support from me.I offer loans at a low interest rate to individuals and business organization. I offer personal loans,business loans,debt consolidation loans,commercial loans,real estate loans,hard money loans and so much more. For more details contact me today via e-mail: antoniomahone08@****

I am a private investor and a private loan lender.Get financial support from me.I offer loans at a low interest rate to individuals and business organization. I offer personal loans,business loans,debt consolidation loans,commercial loans,real estate loans,hard money loans and so much more. For more details contact me today via e-mail: antoniomahone08@****

is it a good idea to open a line of credit? has anyone done it? what are the things i should look for?

I have been all over the forums and I may have missed a few here and there so if this post is in the incorrect location, please forgive me.

The information below was given to me by an investor friend and said that I could post it here if I wanted to.

Hope that the below information helps any one of you out there with less than perfect credit.
------------------------------------------------------

Consumer vs. Investor

Does anyone know what impact changing jobs will have on refinancing a home and/or financing new investment properties?

How long would it take to recover from any negative effects as a result of changing jobs?

Thanks

Jim

For those looking for HML money

Please check out this link http://www.superprivatemoney.com/hardmoneyloans

Hi All!

Im a CPT in the Army and located at a post where real estate is still booming for the most part. I read all of Deans books and am ready to get started but cant get past the few questinos below. Any help in answering these would be greatly appreciated!!

1. I scared about financing deals in the future. I can get a loan but I want to buy a number of properties for rental units. After time, I heard that lenders will not lend with high debt to income ratios? How do I get around this? I heard with LLCs this make work but wont my personal credit be affected using a new LLC?

What specifically a double close? I know it sounds clueless but i kneed to know what it is and how it works. Any comments?