Small Business Newsletter
Sign up for our free email newsletter
Question
Any private lender/investor out there who will fund fast to buy a house facing foreclosure?
for short term loans 6 month or less...with interest only payments? Need a good one that will do transactions in midwest or nationwide. acemill...its not for the person not making the payments. Its for the person who wants to buy the property before it gets foreclosed by the bank and the sheriff sale occurs. Open your mind, and you may learn some things. markmy. email the info to me at eeebox@yahoo.com. you said you knew them but did not give the info.
4 months ago - 3 answers
Best Answer
Chosen by Asker
Hmmm...can you explain why a private investor would take a chance on you when you aren't making the payments to the lender as agreed ? I would not take such a risk.
by acermill
4 months ago
Asker's Rating: 
Other Answers
If they have 35-40% equity I know of a couple of places. However, the borrowers will be paying a bunch of points.
by markmyword- 4 months ago
You can't make your payments now...how can you make them at a higher interest rate?
by Expert Realtor- 4 months ago