Posted by dewCO on October 21, 2000 at 19:43:08:
Hard money loans. Just loan at 65%=70% of property value. Cost 3-6 points and interest rates are 11%-15% but they are SHORT TERM loans.
Try the phone book in your area for Private lenders, or hardmoneynetwork.com
loss of buying power - Posted by john shine
Posted by john shine on October 21, 2000 at 12:19:42:
enquiry,
i recently started a new home improvement business.now i am having problems securing investment loans for real properties due to unable to show 2 years of income statement from new job.i have to get someone to cosign now.is there any way to secure investment loans without showing viable income.major problem here.please help. john
Re: loss of buying power - Posted by JPiper
Posted by JPiper on October 21, 2000 at 19:51:07:
Try a “stated income” type loan. Check with Ed Garcia on the Financing Forum here on this site.
JPiper