Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Where does one find a Short term Investor?
Im self employed for 3 years and doing very well. This January I bought an established profitable business for my wife and daughter to run. Me and my wife are now looking to get into a nicer home, we found what we wanted and got an accepted offer of 106k. Problem is when banks look at my tax returns they say my last two years I only averaged 1700 a month after huge deductions. When in fact I average 4500 a month if not more. 51k 2013 and 64k 2014, they won't cunt wifes business because she only operated for 6 months even tho this business has been established for 20 years. So I am looking for someone to purchase the home with a repurchase agreement on my half for agreed amount within 1-2 years (going to just claim less on taxes). Where would one go about finding a short term lender under these circumstances. If anyone has done anything similar please feel free to share tips and advice.