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Updated 6 months ago on . Most recent reply

User Stats

9
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2
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Chad Wan
2
Votes |
9
Posts

What type of loan should I looking for?

Chad Wan
Posted

Newbie here. I have a situation that need advises. 

I won the bid from the county auction. 

The house is $225K value. I need $65K to close the auction. My usual lendor has the health issue and can no longer fund it. 

I have two other rental properties that I can use for collecteral. I own them free and clear.

I have contacted traditional lendor for a loan but looks like they can't close in time. What is my option here?

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