Hello,
I have stumbled across a deal and I am in a hurry to find a hard money lender. My credit is in the 520 range which I know is bad but I hope is workable. I have steady employment and make a good income. Here are the stats on the house:
2/1 BLOCK WITH AN EXTRA ROOM THAT COULD BE CONVERTED TO A BEDROOM, HAS A NEW ROOF, CENTRAL AIR, TENANTS THAT ARE MONTH TO MONTH. THE COMP IS RIGHT NEXT DOOR AND AND SOLD FOR 133K ASKING PRICE IS 70K…
I plan on offering 60-65000 and I’m seeking a loan at 60-65% LTV. If anyone can point me in the right direction I would appreciate it or just send me a message.
Thanks in advance,
Lex