New Investor, recently completed short-sale of residence - needs help getting financing

New Investor, recently completed short-sale of residence - needs help getting financing

Wholesaler · FL · Member since 2013 · 120 posts · 40 votes

I recently relocated from Florida to the great state of Texas and I am looking to get started in real estate investing. I am in the education process right now (reading books and devouring the BP forums and podcasts) and as I am researching my market and getting ready to look for my first investment, I am finding that my recent short-sale in Florida is inhibiting me from finding bank financing. Does anyone have any ideas of how I can get past this as I have never had any other deficiencies on my credit and the bank I completed the short sale with required me to stop paying my mortgage before they would work with me. Thank you in advance for any thoughts or advice you may have.

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  • Rental Property Investor · Mercer Island, WA · Member since 2008 · 22k+ posts · 14k+ votes
    12y

    Advice only in this thread, please. @David Bateman if you're looking for a lender you'll need to post in the Marketplace forum.

  • Wholesaler · FL · Member since 2013 · 120 posts · 40 votes
    12y

    OK, thanks Jon.

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