Financing and Credit

I Came Across This One

I came across this lender, and their programs look pretty good. They even have a partner program, called partner with a pro for first time investors, they even put up the rehab costs according to their website, but you have to put up the first 25% then you can draw from the rehab funds.
Check out their website and see if they might fit your needs
http://www.dohardmoney.com/
I haven't actually used them I just happened across them.
They serve specific counties in these states:
Arizona
Idaho
New Mexico
Texas
Washington
Colorado
Nebraska
North Carolina
Utah
West Virginia
Georgia
Nevada
Oregon
Virginia

how to buy home with no money

hello looking for some who would like to make some we need cask to do a deal. Di I need mony to do a deal?

When can you get a loan?

My situation is that I had to let go of my house on May 2010 (foreclosure) but I was able to get another property using a hard money lender but he asked me for 30% down, 6 points and he is charging me 12% APR.
Since then I've been working on improving my credit following some suggestions from here and a book I bought so now my credit is 720. So my question is how soon can I go to a bank to try and get a normal loan?
Is there such thing as you have to wait XXX years or months after foreclosure before getting another bank loan?
Thanks for your help.
By the way I'm in Southern California so I don't know if it makes a difference where you live.
Daniel

Refinance or new mortgage?

I am looking to purchase my first investment property and my question is: Since I have equity in my current home, is it better to refinance my primary mortgage to pay cash or get a second mortgage for the property I want to buy. I am already pre-approved for a second mortgage so that's not a problem. What would be better in the long run. I would greatly appreciate any info you can give me. Thanks in advance!

Alena

To anyone who has money to lend

I am looking for working capital, I have applied with 200 hard money lenders/banks and ask everyone I know. We own our home and 8 acres free and clear it is worth 300k. I am looking for someone anyone that will take a chance and loan me 160k so I can wrap up the four deals I have in progress. I can't open escrow on these deals without this money. I am asking for this for 6 months as my commerical deal will take about 5 months to come to an end. My credit is tanked, I don't have the 30% to put down to get hard money but I would if someone would loan me the 160k. I am confident in these deals closing confident enough to place my own property as collateral. Please if you are willing to help or even discuss contact me via private msg. I thank you for your time.
Sincerely,
Donna Quenzer

I AM STUCK ON THE EARNEST MONEY!

Will someone please explain to me in detail about how you can go about making 25-30 offers a month without going broke from every earnest money check that goes with these offers. Say I have a $500.00 earnest check but I don't have the $500.00 in the account. I can't put it in there. I have no extra money to put $500.00 in there. What if I get an offer accepted and they want that $500.00? How do I keep my account from having a NSF charge. What if I get 2 offers accepted with that $500.00 earnest check?

looking for major investor for deal of a life time!!!

I'm involved in a project that needs the financing of a investor who has 1million in liquid funds. With that investment the investor will receive 2.4 million dollars in 30 days guaranteed. With additional cash flow for 10 mths. if you or any one you know has the funds, please inbox me, time is of the essence.

Commercial lenders

I am looking for commercial lenders on a multi-family unit in Kentucky. (11 units) I've negotiated a purchase price of $125,000. The building is in need of extensive repairs and updates. It does have tenants currently. Total cost for purchase and repairs should be $200-250,000. If needed we will use hard money for purchase and repairs but will need commercial lending for a refinance when project is completed. Please let me know any lenders available in Kentucky for this project. Thanks.

Are you struggling to get a loan from a bank?

If you are struggling to get a loan from a bank, don’t panic. There are options for you and things that you can do to improve your chances of getting a loan to go through. Take these few points to mind and it will help you out quite a bit.

Get a Cosigner
If your income isn't high enough to qualify for the loan you need and if you can find a cosigner with enough disposable income, part of that person's income can be considered toward your loan amount regardless of whether the person will actually be living with you or helping you pay the bill. In some cases, a cosigner may also be able to compensate for your less-than-perfect credit. Overall, the cosigner is guaranteeing the lender that your mortgage payments will be paid.

Wait

Avoid foreclosure by getting the right type of financing

During the 2007-2009 financial crisis, the United States economy crumbled because of a problem with mortgage foreclosures. Borrowers all over the nation had trouble paying their mortgages. At the time, eight out of 10 borrowers were trying to refinance their mortgages. Even high end homeowners were having trouble paying their mortgages. Why were so many home owners having trouble with their mortgages? Here are a few key reasons to be aware of.

Adjustable Rate Mortgages

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