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Updated about 6 years ago on . Most recent reply

Tyler White's profile image
Tyler White's profile image
Tyler White
  • from Rockford, Illinois
  • Member since May 17, 2016
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Tyler White's profile image
Tyler White's profile image
Tyler White
  • from Rockford, Illinois
  • Member since May 17, 2016
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Tyler White
  • Rockford, IL
2
Votes |
11
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Buying & Selling Real Estate

Financing might fail!

Tyler White
  • Rockford, IL
Posted

Im almost at the end of buying my first deal and it looks like my financing might fall through. I’ve been at my job going on 4 years but I will be in the group to be laid off! 

I don’t know what to do at this moment. Any suggestions? 

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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

@Tyler White if you’re getting laid off unless you have substantial cash reserves I’d focus on finding another job and not this deal. There will be more deals down the road

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