Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago on . Most recent reply

User Stats

150
Posts
40
Votes
Ben Kevan
  • Investor
  • California
40
Votes |
150
Posts

First Investment Property, Conventional Loan Declined on Flip Requirement - NOW WHAT

Ben Kevan
  • Investor
  • California
Posted

I have just received notice that my loan was declined from my conventional bank.

I'm considering approaching the seller about his options for seller financing. How should I approach this?

I know this is generic, but I'm going to poke around this part of the forums to get some idea's.

I'm just a bit flabbergasted and irritated right now with the news I just received from the bank. This first deal has been one hell of a ride.

Most Popular Reply

User Stats

22,059
Posts
14,128
Votes
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,128
Votes |
22,059
Posts
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Try smaller banks or credit unions. These big guys are not your best bet for investor financing.

Loading replies...