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Updated about 2 years ago on . Most recent reply

User Stats

37
Posts
12
Votes
Kevin Johnson
  • Real Estate Agent
  • Columbia, SC
12
Votes |
37
Posts

PML Options for Single Family Rental

Kevin Johnson
  • Real Estate Agent
  • Columbia, SC
Posted

Hey everyone!  I have an opportunity to get my VERY first rental as a subject-to sale.  I am still relatively new to being a real estate agent and am unable to qualify for a conventional mortgage at the moment, so I am trying to find alternate ways to finance this deal (would need around $130k in cash to fund difference in sale price and mortgage principal).  I am absolutely determined to make this deal work, I just need some help in finding creative financing solutions.  Thank you in advance for your guidance BP crew!

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