Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

31
Posts
3
Votes
Charles Mullins
  • Sarasota, FL
3
Votes |
31
Posts

Advice/Referral for Daughter Condo - refinance house/delay

Charles Mullins
  • Sarasota, FL
Posted

Hi everyone, I'm looking for advice and possibly referral for someone that can lend assistance. In short, my daughter is attending a college and we found here a reasonable (smaller) 1 bed/1 bath. Our conventional mortgage did not go through due to the number of investors in complex and we found this out yesterday. The condo is 67.5k and we have roughly 150k+ in our house in equality based on MLS CMA. The problem - we have to start the process over and have an appraisal on Monday. The original close date is end of this month on 28th.

My question does any private or hard money lender lend money short term?  I'm guessing we need a max of 1-2 months and if all goes well we need <1 month.  I don't mind the fees and interest rate as I don't want my daughter to not have a place to live.  We are about 1.25 hours from college and they start 3rd week of August.  

Any advise or networking someone can put me in touch with?  Thank in you advance for your assistance and advise.  

Loading replies...