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Updated over 11 years ago on . Most recent reply
American Internet Mortage- AIMLoan.com
Hitting the 4 mortgage wall repeatedly and getting a run around from the folks claiming they offer financing for 4-10 properties, I dug deep into the Deed of Trust Data base at our county and figured out that they prolific investor (who beat us out of many properties at foreclosure auction) is getting loans from American Internet Mortgage for 4 properties at a time on the same date!! (and here we have trouble getting money for the 5th one!) Our local bank that we had been working with is taking a break from buy and hold to balance their portfolio..
A quick google search found some unhappy customers and a bunch of rosy reviews that looked like they came from a review factory. I figured, maybe it may be better with investors, since we supposedly know what we are doing (wink, wink). This is for buy and hold properties.
So, Anyone work with them before? I dont want to waste my time running down financing leads only to find out they cant close on time or cant close at all!