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Updated over 5 years ago on . Most recent reply

David Vincent's profile image
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David Vincent
  • from Real Estate
  • Member since Dec 15, 2013
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David Vincent's profile image
David Vincent's profile image
David Vincent
  • from Real Estate
  • Member since Dec 15, 2013
Connect
David Vincent
  • Real Estate
0
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12
Posts
Private Lending & Conventional Mortgage Advice

How to Respond to a Bank

David Vincent
  • Real Estate
Posted

I am in the process of refinancing (cash out) my personal home. I am almost done but the banks wants to know about my real estate business first.  I actually forgot to disclose that on the application. I buy and flip houses but the company has not actually made a profit yet. I am a minority share holder (10%). I do not want to write anything that hurts my chances or effect the refi.

How should I respond? Can someone help 

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