JUST DO IT?
I WAS TOLD IT WOULD BE DIFFICULT FOR ME TO DO A ****Must Reach Senior Investor status before posting URL's*** ANOTHER PROPERTY BECAUSE I HAVE TO DO "NO INC.VER." AND MY I ONLY HAVE 650 SCORES. IS THIS TRUE. OR PEOPLE JUST GETTING LAZY? OR SHOULD i JUST GO AND FIND A PPY AND TELL THE i'M USING MY HOUSE AS DOWN MONEY?JEFF
You have many choices here. First of all 650 is not a bad score. There are lenders out there that will do a no doc at 650. Not to mention the fact that you have a house to use as collateral. I know of atleast two investors that have been approved with No Income No Assets (NINA) and they were around about 650-675. But, not to confuse you NINAs usually start at about 700-720. Just wanted to make the point that there are lenders available out there who will get you approved. But you don't want a NINA, you have your house as an asset. You'll do fine. Just keep looking!
Ervan
Have you checked with the TCI Lenders?
I know it has been awhile since your original post. Have you been able to find something? Let us know if you've had any luck.