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Updated over 2 years ago on . Most recent reply

User Stats

961
Posts
277
Votes
Will F.
  • Investor
  • Los Angeles County, CA
277
Votes |
961
Posts

Lender for primary for a REI business owner

Will F.
  • Investor
  • Los Angeles County, CA
Posted

Anyone know a broker or lender who loans in El Paso texas?  I have a family member who owns some business and a substantial real estate portfolio. They make good income and have a high net worth

Looking to finance a primary home purchase there in El Paso. 

For some reason they’re having issues with financing. Yet their real estate portfolio has about 85% equity. It doesn’t make sense why they’re not getting loan. I think they need other options 

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