In need of financing... Where to go? Private money??

Financing, Hard Money Lenders, Private Money
1

I am looking to see if anyone here knows of any private investors that would be willing to loan funds secured by a mortgage on a home. I am looking at purchasing a SFR in Plano, TX valued around $380-$420k. I can get this home for around $330k. I am in need of someone to finance the deal for me though (preferably a private investor), secured by a first position mortgage on the home. If anyone here is interested or knows someone who is, please contact me at reiinfo@verizon.net.

Thanks for your help.

PS- I would like to be financed for a period of 5-10 years (max) and cash out the investor. I am willing to pay a very reasonalbe return on the investment during this period.

2

Why do you need a private investor?

3

Is there a particular reason that you are not researching conforming financing?

4

I do not think I have enough credit to suffice the purchase.

5

Have you applied or called anyone?

I cant see why there would be a problem.

6

How good/bad is your credit?

7

Has anyone pulled your credit?