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HELP for Funding Real Estate Transactions
All the RULES ARE CHANGING traditional ways for funding transactions.
But we can HELP you close!
If you need help with
TRANSACTION FUNDING
DOWN PAYMENT ASSISTANCE
DOUBLE CLOSE
VOD – Verification of Deposit
We are a non-third party Double-Close, DPA, and VOD program. Wouldn't that answer the most intense questions from the bank? No seasoning, no Problems. That would help, don't you think?
We can help you close in less than 3 days after underwriting the deal!
"We fund what most won't, so that you can make money where most can't"
Mike StefkoLast edited by Chief Tutor; 11-10-2008 at 11:23 AM. Reason: No Phone Numbers
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11-08-2008, 06:26 AM #2
But we still need a credit score of more than 720, with a salary of $8K/month or more, and 20% down payment or more with a 20 years in the same job or older. And I know what I'm talking about...
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Apparently you Don't
Are you sure your in the real estate business?
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11-08-2008, 12:25 PM #4
More than ever, Mike, more than ever...
You and me, we know. We know you want and need business. So you throw a "we can help". But you and me, we know that it's not going to happen for the regular person...
In fact, I think your post misleads. You should emphasize on the "help" keyword to make sure you're not misleading. For example:
We can HELP. But make sure what we can provide is the help alone. We do not guarantee any money. We guarantee help.
Then, you're fine...
Now, if it is private financing, disclose the double digit rate at least...
Let's say I'm one of my client:
$8K/month as self-employed (showing $10K/year net)
720 as credit score
22 years at the same job.
Have apply (and been denied) with 7 mortgage brokers for refi one of the 2 investment properties he has.
There, you should say, we finance you at 20% rate up to 60% of OUR appraisal quote.
See what I mean...Just be real...
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11-08-2008, 09:26 PM #5
Condominium
- Join Date
- May 2007
- Location
- Minneapolis, MN
- Posts
- 141
I've personally found the national lenders are becoming a big pain when it comes to financing investment deals. The local lenders are much more likely to finance a deal on reasonable terms and will actually look beyond credit score, job history, etc. and actually look at the quality of the deal and your experience as a successful investor.
Looking for a realtor in Minnesota? How about a Missouri realtor in St. Louis or Kansas City? Agents Ranking researches the performance of thousands of real estate agents every year and hand selects the best realtors. You can also find information on Minneapolis Realtors at Minneapolisrealestates.com.
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That's true , but we are a one stop shop. We can supply Cash for flips , we own a title company, we do credit repair , and we work closely with a investor friendly Lender, and I buy notes
Last edited by mike1956; 11-09-2008 at 07:06 AM. Reason: just because



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