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All Forum Posts by: Kevin Lang

Kevin Lang has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: Quadplex lending advice (Texas)

Kevin LangPosted
  • Justin, TX
  • Posts 2
  • Votes 0

@Doran Summers credits definitely above that! 700s

0 Votes
Buying & Selling Real Estate

Post: Quadplex lending advice (Texas)

Kevin LangPosted
  • Justin, TX
  • Posts 2
  • Votes 0

Newbie investor trying to make my first move. Have a quadplex that already cashflows very well that I was able to get under contract for 293k. The lender I'm using failed to mention I'd need to bring 25% down instead of 20%, so I'm in a bit of a situation (I should have researched, but life lesson learned). The lender wants me to bring about 90k to closing. I have about 60k and 90k is probably too far of a stretch. Anyone have any advice or know of any types of loans that would be more budget friendly? 

0 Votes