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Updated over 7 years ago,

User Stats

3
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0
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Anthony Baradhi
  • Monmouth Junction, NJ
0
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3
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prestenting offer to potential HML

Anthony Baradhi
  • Monmouth Junction, NJ
Posted
Hello everybody, my question today is how to go about asking a potential HML for a loan. I am in NJ and have a few listings that have excellent potential. my plan would be to ask for the amount I would need for a down payment and after 6months to a year refinance on the home. At that point I would be able to pay back my HML and still have money for a down payment on another property. Anyway, I would be going to my boss, we have a great relationship and im sure if I presented him with the right info he would commit. I know for a fact he's lended other guys I work with at least 20k+. My question is what should I have with me to show him that this could be a good opportunity for us both? What kind of info on the property or properties should be presented. Please any advise would be great.

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