Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply

Finding a lender while furloughed
Due to Covid-19, the company I work for had to shut down and I have been furloughed as a result. I have been with the company for two years and have purchased a property in 2019 no problem. I am constantly looking for my second deal and originally planned on getting a loan with a bank or hard money lender but now that I am furloughed, will anyone dare risk lending to me? Do I have any options right now? I have no idea when this will all end. My job is waiting for me once we reopen the state. Should I just stop analyzing deals for the time being? I have a little in savings but not much. Will definitely need a loan for my next deal. Any help is appreciated.