Posted by Jim on March 05, 2001 at 24:11:36:
Not answering you in a smart alek way, but I’d buy the Ron LeGrand courses and learn how to buy houses without using banks or your own money!
Otherwise maybe some of the bank dependent investors can answer your question
Best of Luck and Success
Jim
–NEED ADVICE FINANCING QUESTION-- - Posted by Jay
Posted by Jay on March 04, 2001 at 23:48:33:
DETAILS:
SELLER WILL HOLD 10% 2ND.
I GET 1ST FOR 90%
HE PAYS UP TO $2000 IN CLOSING COSTS
PROBLEM:
I DONT SHOW INCOME BUT HAVE GOOD CREDIT(HAVE TO GO WITH NO-DOC LOAN?) THATS FINE BUT, THE LENDERS DONT LIKE TO SEE DOWN PAYMENT MONEY COMING FROM SELLER HOLDING 2ND. I ALSO HAVE ANOTHER DEAL ABOUT TO CLOSE SO MY CREDIT HAS BEEN PULLED A FEW TIMES, TOO MUCH ACTIVITY?
HOW CAN I MAKE THIS WORK WITHOUT DIPPING INTO MY POCKET?
THANK YOU IN ADVANCE FOR YOUR HELP!