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Updated over 8 years ago on . Most recent reply
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Looking for a lender in Kansas City Mo that will lend based on eq
I am trying to do a deal in KC, MO for a SF home that is selling for well below value but most lenders want 20 %. Does anyone know of a lender that will lend based on value without the down payment?
Most Popular Reply
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There is almost ALWAYS a down payment. It just doesn't have to be YOUR money.
It could be a partner who brings cash to the relationship / partnership / joint venture / whatever.
Cash-poor "lone rangers" don't fare very well in REI. Learn to partner with folks who have what you lack.