Posted on: 20th Apr, 2011 02:36 pm
I've been looking for ways to buy my partner's just foreclosed condo. The problem is that all these places out there who do loan quotes won't do loans for below $100,000 and also I'm self employed.
Both our incomes together are slightly under 90k, but would probably go over $100k this year, he however cannot co-sign as I understand it due to his foreclosure
The bank just bought the property back for a bit over $40k at the auction and the property needs some work (new carpet, flooring, possibly windows)
My goal is to rent the property for at least 7 months, then either move back in or keep renting it out. Same condos in the development rent for around $1000-$1300 a month
Both our incomes together are slightly under 90k, but would probably go over $100k this year, he however cannot co-sign as I understand it due to his foreclosure
The bank just bought the property back for a bit over $40k at the auction and the property needs some work (new carpet, flooring, possibly windows)
My goal is to rent the property for at least 7 months, then either move back in or keep renting it out. Same condos in the development rent for around $1000-$1300 a month
Hi tyukc ,
Welcome to Mortgagefit,
In my opinion you should get a no obligation free quote from our community..
http://www.mortgagefit.com/quote/
you can also go through the list of lenders available on our community website and have a talk with them regarding your proposal.
go through this link for the list of lenders.
http://www.mortgagefit.com/lenders/dir/
Feel free to ask any further query if you have
DIPA
Welcome to Mortgagefit,
In my opinion you should get a no obligation free quote from our community..
http://www.mortgagefit.com/quote/
you can also go through the list of lenders available on our community website and have a talk with them regarding your proposal.
go through this link for the list of lenders.
http://www.mortgagefit.com/lenders/dir/
Feel free to ask any further query if you have
DIPA
Hi tyukc!
Welcome to forums!
You can contact the private lenders and check out if they can help you in this matter. You can also contact a credit union, if you're a member of it, and apply for the loan. However, unless you meet the required criteria of the lender, you won't be able to qualify for a loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can contact the private lenders and check out if they can help you in this matter. You can also contact a credit union, if you're a member of it, and apply for the loan. However, unless you meet the required criteria of the lender, you won't be able to qualify for a loan.
Feel free to ask if you've further queries.
Sussane