Alternatives to B2R Finance?
Hello, I know B2R has sponsored the podcast before but it appears they have been bought out by another company. When I go to the website I get Finance of America - Commercial. It looks like to do lending for rentals and I have placed a call to them and am awaiting a call back. In the meantime, I wanted to see if anyone else can recommend other companies to look at. I am looking for a loan that is based on the cashflow of the asset with the asset as collateral instead of based on my own income. Credit is good, will be 800+ once the credit cards I recently paid off show up. The house i'm currently looking at I will be getting for about 75% of what it should appraise for so I'm hoping to find a lender who will lend on the appraised value, not the purchase price so I can bring less to the table. Thanks for your recommendations!
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Real Estate Agent Florida (#SL3366745)
- 407-955-1672
- http://www.rem.ax/newhomesmap