You could probably benefit from a special kind of
broker that deals with your needs. Look around
go to the investment clubs and talk with the lenders
they use.
I’ve signed a contract to purchase an investment property
which I plan to use as a rental property. The problem is
I already have a rental and the debt to income ratio is
high. I also have good credit, FICO score 610-620 range.
Does anybody know of a lender who will fiance an additonal
income property and would be able to do in within the next
4 weeks?
The purchase price for the property is: $65,500 and it
should appraise for at least $75,000 based on comps in
the area.