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Updated about 7 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Sarah M.
  • LA
2
Votes |
11
Posts

Private Lending Options

Sarah M.
  • LA
Posted

Hi There! I am a small business owner 3 years in business. I want to purchase my own home but the banks will not yet approve me for more than a $275,000 home loan because I have only 2 years business tax returns. I currently pay $5000 per month to rent the home I run my business out of and would rather be paying a mortgage. I have excellent credit, no debt and am new to private lending. Any advice  on which private lenders to contact? I can put almost $40,000 down. Thanks! Sarah

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