Short on buying a new home
I made an offer for a home worth $70k and it got accepted. I estimate rehab to be around $20k and ARV at $150k. I have a deal with a wholesaler and already sent earnest money as a deposit. The problem is I am $20k short to buy the $70k in cash and I am looking for ways to fund the purchase. by danny896 from Sun Valley, Arizona. Jan 4th 2022
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions
Due to regulations that came out of the reforms after the last market meltdown a decade ago, it is near impossible to find anyone willing or able to do a small mortgage loan. Your best bet is to see if your local financial institution would approve you for an unsecured loan to finish the acquisition. Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Certified Mortgage Advisor and Certified by The National Association of Mortgage Professionals as a Certified Veterans Lending Specialist.Licensed in AZ, CA, GA, IL, MO, OR & WA... In fact, NEXA is licensed in all states except MA and NY so give us a call. ~ www.ApplyYes.com 480-889-9000 - OR - 480-695-9300
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