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Updated about 9 years ago,

User Stats

241
Posts
96
Votes
Loren Thomas
  • Electrician
  • Bothell, Wa
96
Votes |
241
Posts

What would you do if a bank won't talk to you for 2 years?

Loren Thomas
  • Electrician
  • Bothell, Wa
Posted

I'm in a situation that won't allow me to get conventional financing for 2.5 years. What would you do to fund deals? I have some ideas, private short term mortgage is the only option that seems feasible, I am still pursuing this so in the meant time I'm trying to come up with other options. I have heard of a 2 year hard money loan, but I don't know what the interest rate would be, likely too much. I am sending letters to 100% equity multis in my area, so far no response.

I recently read Think and Grow Rich and I'm trying to spend a lot of energy thinking the right way to accomplish my goals. Right now I'm trying to transmute me a short term mortgage!

As a side note, can anyone recommend a good book on leadership? I'm in a leadership role at work and I'm interested in doing it better.  

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