Financing question for duplex

[Pat McCandless]

I am a little skeptical on using this lender for a property I found. They are willing to finance 100% of the purchase price (35k). Is that unheard of? All iv had to do was give them a form of ID, tell them how much I make a month. They are lending based on the asset not my credit. And they are lending in a 25 year term. Do I run away? I asked for 3 referrals from the last 6 months and am awaiting a response. I also asked how long they've been doing this for and if they had a website. They said they've been doing it for 7 years and are working on a website right now. He is a private lender working with a group of investors and have a registered LLC. What else do I need to do to make sure this is legit?