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All Forum Posts by: Summer Brandimarte

Summer Brandimarte has started 2 posts and replied 2 times.

Creative Real Estate Financing

Post: Need A Creative Solution

Summer BrandimartePosted
  • Posts 2
  • Votes 0

Hi All,

I have $75,000 in stocks and cash. I have a 300,000 house paid off. My husband is in law school and I stay home with our 1 year old son and run a successful upstairs apartment so we don’t have any source of income but the rental unit. I found a multifamily home that I love in town and want to buy it but I’ve failed with three banks so far with refinancing my home and a traditional loan. The seller said she would consider a short term self finance but would rather a different offer. Do I have to find a W2 job? My credit score is 630.

Thanks ahead of time!

0 Votes
Starting Out

Post: Trying to finance First multifamily home. Help!

Summer BrandimartePosted
  • Posts 2
  • Votes 0

Hi All,

I have $75,000 in stocks and cash. I have a 300,000 house paid off. My husband is in law school and I stay home with our 1 year old son and run a successful upstairs apartment so we don’t have any source of income but the rental unit. I found a multifamily home that I love in town and want to buy it but I’ve failed with three banks so far with refinancing my home and a traditional loan. The seller said she would consider a short term self finance but would rather a different offer. Do I have to find a W2 job?

Thanks ahead of time!

0 Votes
Richmond, Virginia