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Updated over 8 years ago,
International Investment
Hi everyone
This is my dilemma, I'm real Estate Broker but I also do a few rehabs throughout the year. One of my current tenants would like to purchase one of my properties but there's only one problem. He only has a TIN (temporary identification number). He is in the process of getting his permanent residency in the country but that takes time. He has filed his taxes for the past three years and currently has one credit card, bank account and enough money to put down 10% of the purchase price. However, we have not been able to find a bank that will finance the deal.
I would like to do owner financing for him but I need to free up some cash for an upcoming deal.
So, does any one here knows a lender that would do this deal?
Thanx