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Updated over 3 years ago on . Most recent reply
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Lender options for an auction in Iowa
Hi everyone.
I am looking at an auction house that will be a owner occupant house.
I already own a duplex that has a mortgage and a house that’s free and clear and will end up being an investment property in a few months as well.
I also work three jobs (one under the table and one with tips) and can show good income as well as have reserves for all debts for around 4 years worth of payments. The majority are in a taxible investment account that I’d rather not empty to buy in cash.
what kind of options do I have and can anyone recommend a lender that can close within 30 days? I have the 10% down payment needed for the auction in cash.
I’m not a financing wizard so I figured I’d ask for help where people have knowledge!
thank you!
-Jeff George