I am looking for help. I have a seller that has properties that are currently occupied and cashflowing. I would like to know if anyone knows of any institutions that lend with no money down and lend based on the deal only not personal credit. Thanks for the help.
Warren
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The best chance you have of finding funding like that is a hard money lender or a private investor. I know of one hard money lender that will lend up to 100% if you buy the property low enough. They do not lend in every state, but I will give you the link.
http://www.dohardmoney.com/
If they won't work this is the type of lender you will need.
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how can i get around the need for a pre qual letter and a large down to get into a good deal?
I am looking for funding for rehabs. You said PM your partners? Who is that and do they come with a cold beer?
I can recommend you looking at our company http://hardmoneyloans.org
We are hard money lenders group from California.
http://HMLINVESTMENTS.COM California hard money lenders
I appreciate your post, but I am not doing anything in CA.
Therin
Yanni, does your company lend outside of CA?
Raymond