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Updated almost 10 years ago,

User Stats

5
Posts
2
Votes
John Husband
  • Investor
  • West Palm Beach, FL
2
Votes |
5
Posts

$500K , Great Credit Need Private Lender for Auctions

John Husband
  • Investor
  • West Palm Beach, FL
Posted

Hi All,

I have great credit and my net worth is about 500K but much of it is tied up on a 401k or appreciated stock that I'd rather not sell due to taxation issues.  Are there lenders out there that will give me the cash I need to close on a foreclosure auction?  Hard money lenders seem to want a bit more time to do their due diligence.  My county requires 5% upfront to bid and to close in 2 days if you win the auction. 

How do I find the right people?

Thanks,

-John of West Palm Beach, FL

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