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Updated over 14 years ago on .

User Stats

7
Posts
0
Votes
Jim Owens
  • Real Estate Investor
  • Las vegas, NV
0
Votes |
7
Posts

Financing help on townhouse

Jim Owens
  • Real Estate Investor
  • Las vegas, NV
Posted

I found a townhouse that is in a great rental area in Las vegas where I live. Based on comps the property value is between 45-60k. I can pick up this property for about 30k but i need some help finding the financing. I recently bought a home for my family and I have a slightly high dti between that and cc's. I am currently working on paying down the cc's and the vehicle but it will probably take about 6 more months. Is there a way to get financing on this property through a hml? There are two of these properties available and i would like help to figure out how to acquire these with little money as possible down. One is a shortsale and other is not. Thanks in advance for any advice.