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Updated over 10 years ago on . Most recent reply

Account Closed
  • Wayzata, MN
12
Votes |
34
Posts

Lending Help in MN.

Account Closed
  • Wayzata, MN
Posted

Hello Bigger Pockets!  Josh, thanks for putting this network of people together.  I do have a question.  I bought a house in college and kept buying things on the side while having a full time job.  Right now I have 33 "things" mainly condos that are mostly paid for.  I would like to get to 100 paid for units in the next 17 years but I am running into two problems.  

1. It has become harder to find good deals on condos or even multi unit buildings.  Thoughts on this?

2. I have paid for everything cash because lenders seem so hard to work with.  Every time I tell them what I am looking for they say yes the can do it but then send me a 20 page document to fill out.  Does anyone have a contact who would be interested in lending to someone in my situation on a line of credit situation?  I have good cash flow and a very high credit score.  

Thanks in advance for your response BP!

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