Posted by T. Marie Lewis on July 06, 2003 at 23:16:13:
Thank You James for your fast reply. I don’t know what else I’m missing, can you give me an idea of what else I need to tell you? I would like to be able to purchase properties without always going to a bank and/or mortgage company to apply for financing to purchase each and every property. If I had a letter of pre-approval I can purchase from one lender without worrying about if I will get the financing .
Mortgage Broker - Posted by T. Marie Lewis
Posted by T. Marie Lewis on July 06, 2003 at 19:21:50:
Hello,
I’m looking to get a lender on board that is willing to give my partner and myself a letter of pre-approval with no set amount, a no doc loan and 100% financing for investors. I have found a seller who wants to sell 7 new duplexes only 3 years old and all have tenants in them already. He wants 145,000.00 each for them and they’re in a area that has lakes and other condo’s around them. This would be a great investment for me for a lifetime. Each duplex appraised for 165,000.00 at the time they were built. Can you help?
Re: Mortgage Broker - Posted by James Strange
Posted by James Strange on July 07, 2003 at 18:28:03:
What is the location?
How is your credit?
Does the seller want all cash or will they carry a second?
What is the rent?
What is your income and what is debt?
James Strange
Re: Mortgage Broker - Posted by James Strange
Posted by James Strange on July 06, 2003 at 22:25:39:
Your missing a lot of info, so this may be possible but it may not be.
James Strange
reiloans@liborhomeloans.com