We apologize, but the forums are closed for new posts. Click Here To Join The Unemployables Facebook Group

Welcome, Guest. Please login or register.
July 25, 2021, 10:27:20 am
Home Help Search Calendar Login Register

Welcome, Guest. Please login or register.
July 25, 2021, 10:27:20 am
Home Help Search Calendar Login Register

Author Topic: Financing Advice on 2 properties in CT  (Read 1176 times)

Offline Mr_Rice

  • Member
  • *
  • Posts: 45
Financing Advice on 2 properties in CT
« on: March 06, 2010, 08:22:12 am »
Two properties in CT

Property 1
Three Family 110K rent roll is 2,900/ mo fully rented leases end in feb 2011

Property 2
Three family 80K rent roll 2600/mo fully rented leases end in dec 2010 and march 2011

Have 30K down payment to buy both.  Any advice on how to find or were to search for lender who will finance both properties.  Have 15 day and the clock is ticking.  Any assistance is greatly appreciated.

Offline justin0419

  • Member
  • *****
  • Posts: 2489
Re: Financing Advice on 2 properties in CT
« Reply #1 on: March 07, 2010, 04:50:52 am »
Look for a local bank interested in doing NOO loans.  For these loan amounts, a corporate bank would probably do it too but want more money down.
If you like rock music, check out www.Lynamsucks.com
New EP titled "Halfway to Hell" is now available!
Check out the merch store on Lynam's website.

 




SMF 2.0.15 | SMF © 2017, Simple Machines