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Updated about 9 years ago on . Most recent reply

Joe Terracina's profile image
Joe Terracina's profile image
Joe Terracina
  • from Austin, Texas
  • Member since Nov 15, 2015
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Joe Terracina's profile image
Joe Terracina's profile image
Joe Terracina
  • from Austin, Texas
  • Member since Nov 15, 2015
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Joe Terracina
  • Austin, TX
9
Votes |
12
Posts
Private Lending & Conventional Mortgage Advice

Delayed Financing in Indiana

Joe Terracina
  • Austin, TX
Posted

I am purchasing a rental home in Indiana (I live in Texas) and looking for someone to provide "delayed financing."  I have great credit (800+) so I'm not interested in any private lennding or anything pricey.  Any recommendations?  I'd rather not depend on a Google search!

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Ed S.'s profile image
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Ed S.
  • Investor
  • from Indianapolis, Indiana
  • Member since Sep 7, 2013
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Ed S.'s profile image
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Ed S.
  • Investor
  • from Indianapolis, Indiana
  • Member since Sep 7, 2013
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Ed S.
  • Investor
  • Indianapolis, IN
6
Votes |
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Ed S.
  • Investor
  • Indianapolis, IN
Replied

Joe, I believe you will need to season title for six months prior to qualifying for conventional, delayed financing since most lenders consider delayed financing a "cash out." I can introduce you to a couple leaders in Indiana to confirm. PM me. 

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