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Updated almost 4 years ago on . Most recent reply

Srikanth Vadlakonda's profile image
Srikanth Vadlakonda's profile image
Srikanth Vadlakonda
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Srikanth Vadlakonda's profile image
Srikanth Vadlakonda's profile image
Srikanth Vadlakonda
  • Member since Oct 20, 2021
Srikanth Vadlakonda
2
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15
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Private Lending & Conventional Mortgage Advice

Is it possible to close in week with conven or private finance?

Srikanth Vadlakonda
Posted

I have a property with $510K, repairs 25-30K. ARV 630-650K. Is it possible to close with in week with conventional or Private lending? Please reach out if possible. I want to cut monthly expenses as much as I can because big loan.

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Matthew Crivelli's profile image
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Matthew Crivelli
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  • from Massachusetts
  • Member since Mar 1, 2021

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Matthew Crivelli's profile image
Matthew Crivelli
  • Lender
  • from Massachusetts
  • Member since Mar 1, 2021
Matthew Crivelli
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  • Massachusetts
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Matthew Crivelli
  • Lender
  • Massachusetts
Replied

I think a week is a little out of the ball park in most cases. 2-3 weeks is more of a realistic time frame with private money. Forget about that time frame with conventional financing, that is slowest option.   

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