Finance how to? Newbie - Posted by chris

import · February 26, 2004, 10:46am

Posted by chris on February 26, 2004 at 12:05:50:

I am looking at single family homes. Around 60K to turn into rentals.

import · February 26, 2004, 10:46am

Posted by chris on February 26, 2004 at 11:46:53:

I have decnt FICO low 600s. I want to get pre-approved. Where do I start? Bank, Lendingtree??

import · February 27, 2004, 7:26am

Re: Finance how to? Newbie - Posted by Jason PGH

Posted by Jason PGH on February 27, 2004 at 08:26:52:

Chris,
If you are looking to do rehabs then don’t go to lending tree. lending tree is the worst thing you can do for your credit report. You need set-up with a hard money lender or a rehab program. I can offer you both of these if you are in PA,OH,KY,WV,IN, or MI, in which case email me. Otherwise you should go to your local investor club meeting and there will be plenty of vendors there that may help you obtain financing.Good luck!

import · February 26, 2004, 10:57am

Re: Finance how to? Newbie - Posted by Randy (SD)

Posted by Randy (SD) on February 26, 2004 at 11:57:48:

I would say it depends on what kind of real estate investments you intend to do. Commercial lenders like lendingtree are going to be “less creative”. Your most creative sources are small local banks and private mortgage sources.