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February 11, 2012, 07:20:36 PM

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Real Estate Investing Forums  |  Real Estate Investing  |  Financing, Hard Money Lenders, Credit, Qualifying (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, christopher w, motivatedceo)  |  Topic: Financing Advice on 2 properties in CT « previous next »
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Author Topic: Financing Advice on 2 properties in CT  (Read 331 times)
Mr_Rice
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« on: March 06, 2010, 08:22:12 AM »

Two properties in CT

Property 1
Three Family 110K rent roll is 2,900/ mo fully rented leases end in feb 2011

Property 2
Three family 80K rent roll 2600/mo fully rented leases end in dec 2010 and march 2011

Have 30K down payment to buy both.  Any advice on how to find or were to search for lender who will finance both properties.  Have 15 day and the clock is ticking.  Any assistance is greatly appreciated.
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justin0419
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« Reply #1 on: March 07, 2010, 04:50:52 AM »

Look for a local bank interested in doing NOO loans.  For these loan amounts, a corporate bank would probably do it too but want more money down.
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Real Estate Investing Forums  |  Real Estate Investing  |  Financing, Hard Money Lenders, Credit, Qualifying (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, christopher w, motivatedceo)  |  Topic: Financing Advice on 2 properties in CT « previous next »
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