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Updated about 10 years ago,
Lending Help in MN.
Hello Bigger Pockets! Josh, thanks for putting this network of people together. I do have a question. I bought a house in college and kept buying things on the side while having a full time job. Right now I have 33 "things" mainly condos that are mostly paid for. I would like to get to 100 paid for units in the next 17 years but I am running into two problems.
1. It has become harder to find good deals on condos or even multi unit buildings. Thoughts on this?
2. I have paid for everything cash because lenders seem so hard to work with. Every time I tell them what I am looking for they say yes the can do it but then send me a 20 page document to fill out. Does anyone have a contact who would be interested in lending to someone in my situation on a line of credit situation? I have good cash flow and a very high credit score.
Thanks in advance for your response BP!