Have money, cash flow and collateral, but no lender!
Hello,
I am moving home from overseas I have 100k to put a down place on a house. There are homes available in my area in the 200-300 range, that want to buy. I also own four homes that net me about $1200 a month in cashflow, in that same area. But, the catch is I am moving home with my own business. I have very little monthly income at the moment, because I'm not at home. But, my wife and I have never missed a payment on any of our 5 properties in more then 15 years, our tenants are happy and every place has been vacancy free for nearly three years. My business has income coming in, and I even have a contract from my manufacturer guaranteeing me a 50,000$ a year salary, as a base price. This is my minimum salary he has guaranteed me, but i can't seem to get a lender to work with me. My credit score is nearly 800. Any help would be greatly appreciated. I'm moving back to longmont, Colorado.