After a divorce and some very bad financial planning by a person I thought a friend, my credit rating dropped 300 pts in 6 months. Now I cannot even get anyone to talk to me. I am in dire need of a loan of $3000 to $5000, to get my head above water and call off these dogs. I am not looking to buy any “books”, “cd’s”, or other promotions that want to play on my immediate need for cash. I am looking for a real cash loan or refinance on my mortgage.
I am searching for lender(s) who do not have 12 month or 6 month property seasoning requirements for some loans I am doing. The investor buys distressed properties and fixes them up then sells them. Option One is no longer an option. Any lenders out there who are flexible to this scenario? I don’t mind year chain of title or interior photos of properties. These are not “shady” deals but actual cases of someone finding a property worth much more, investing time, energy and materials to fix them up, then making a profit. Sounds like pure capitalism to me. I appreciate your assistance.
I am trying to locate a funding source for a client with 80 acres in Oregon. Client had the property appraised as if it were a single family on 10 acres and comped as such.
The value with just the home and 10 acres is $850,000.
This is a full doc file with great scores exceeding 700.
Please forward any possible sources for funding to me that entertain large acreage.