Nov
28
petr1029 asked:
I am starting to look for an investment property in Phoenix or Tucson. I am after solid property with instant positive cash flow, should not be too hard to find these days. I tried to contact several of my “old” lenders who either lent funds to me or expressed interest in my deals in the past. Now when I tried to contact them they don’t respond at all. I now live overseas, but have US based income as well as plenty of equity in Arizona real estate. It’s almost as if lending business went dead. The point is that I am looking for a lender or mortgage broker that
a) understands real estate investing
b) still provides low doc loans.
I am starting to look for an investment property in Phoenix or Tucson. I am after solid property with instant positive cash flow, should not be too hard to find these days. I tried to contact several of my “old” lenders who either lent funds to me or expressed interest in my deals in the past. Now when I tried to contact them they don’t respond at all. I now live overseas, but have US based income as well as plenty of equity in Arizona real estate. It’s almost as if lending business went dead. The point is that I am looking for a lender or mortgage broker that
a) understands real estate investing
b) still provides low doc loans.
I am self-employed, decent income (both US and abroad), excellent credit score, never had a credit blemish on my report. Plenty of equity in real property (land). No debt. US citizen. Experienced in real estate investing.
If you know a good contact that can work with me I would greatly appreciate it.
Thanks a lot in advance!
Shirley
Comments
One Response to “Good lender that understands real estate investing?”
The business as realtor and his whole team are very good ive worked with good loan people is must.
The business as realtor and his whole team are very good loan people is must.