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All Forum Posts by: Johnny Scott

Johnny Scott has started 6 posts and replied 13 times.

Post: Equity loan on my single family rental

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

I am looking to barrow on my single family rental proprietary. I own it out right. It's located in. New York. My low credit score is roughly between 600-620 fico 639. Looking for fast closing.

Post: Fast Home equity loan 600-620 credit score $350k equity need $75k

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

@Mario Clemente got it. I appreciate the information . I am a sponge.

Post: Fast Home equity loan 600-620 credit score $350k equity need $75k

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

@Mario Clemente so if I used my rental property it makes it easier for lenders to loan?

Post: Fast Home equity loan 600-620 credit score $350k equity need $75k

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

@Mario Clemente I own the house out right. It is my primary residence. I'm looking to barrow long term. The property is located in New York (that's been a issue with some potential lenders). I want to barrow against the property.

Post: Fast Home equity loan 600-620 credit score $350k equity need $75k

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

@Kerry Noble Jr I'm still green in the investing space. I don't understand. Who are the "note guys"?

Post: Fast Home equity loan 600-620 credit score $350k equity need $75k

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

I own a single family worth $350k looking to leverage some of the equity to purchase another property. But looking to Expedite the process.

I own 2 properties free and clear. I want to aquire a 3rd. Are there any asset based lenders who do conventional loans? If so, I want to use one of my properties as leverage for downpayment and closing. I want to do this with only using the equity I have in one of my properties. I am also inquiring (if that is possible) if anyone knows of asset based lender that could act as a one stop shop for what I am trying to do please feel to message me.

Post: Looking for an asset based lender

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

@Harambie Brannon I'm still learning how to navigate this app I don't know how to send a direct message yet. If you know how definitely reach out

Post: Looking for an asset based lender

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

@Carrie Matuga barrow against my property but acquisition isn't a bad idea either

Post: Looking for an asset based lender

Johnny ScottPosted
  • Medford, NY
  • Posts 15
  • Votes 2

I'm looking to barrow against my properties. And I'm trying to see what is out there rates and terms to find the best business