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Updated almost 6 years ago on . Most recent reply
Doing the 90 day challenge, but trying to figure out best loan
Hi there! I Live in California, but found a Single-family home that I want to make an offer on in Illinois. It's owned by the bank/ foreclosured And on the market for over 100 days. I did a short sale in 2015, so I cannot do a conventional loan as I had anticipated. From what I understand FHA takes too long to process and so I would hold the property for longer than I want… I know that there are other options like private money and portfolio lenders, but was Wondering if anyone had any advice? It would be my first time flipping a home, So I really appreciate anyone willing to take time and share some advice.
Thank you!
Diana
Most Popular Reply
Contact Jane Garvey at the Chicago Creative Investors Association. She has a loan guy who comes to her meetings. Lombard, IL third Sunday at the Embassy Suites in Lombard, IL. Tell her I sent you.