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HomeForumsBuying & Selling Real EstateHml backed out...need advice
Nick Versetto's profile image
Nick Versetto's profile image
Nick Versetto
  • Investor
  • from Frankfort, Illinois
  • Member since Jan 5, 2015
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Nick Versetto's profile image
Nick Versetto's profile image
Nick Versetto
  • Investor
  • from Frankfort, Illinois
  • Member since Jan 5, 2015
Connect
Nick Versetto
  • Investor
  • Frankfort, IL
55
Votes |
206
Posts
Buying & Selling Real Estate

Hml backed out...need advice

Nick Versetto
  • Investor
  • Frankfort, IL
Posted May 6 2015, 15:55

so being new to the hml world my lender backed out because he didn't have the time to walk me though the process.  He let me know that he'd work with me in the future but not on my first deal because I was too green.  

Wth do I do now?  I Thought I had thIs all wrapped up and bam....

Purchase price 

95,555 w/2% closing cost credit

Rehab

15k

Arv

155-165k

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