Lots Of Desire But Little Dollars!
How do I obtain finances to purchase a . . .
5 to 6 family brownstone
Location: Brooklyn NY
price range: $449K to $600K
Background . . . .
I recently purchased a single family home for $403K (June 2004) in which I currently live. So there is not much equity yet. I am itching to purchase another property for investment purposes and have been seeing these opportunities pop up. There has to be a way that I can obtain some type of financing to make this happen.
Any suggestions? :-x
Um... If you are strapped for cash, you should probably try and acquire a property subject to its existing mortgage.
If you linger here long enough you will find out every thing that you need to know about the niche.
Hey ....you could work as a briddog and collect a fee for your services in the mean time.......
trinijah1
Yes, go to the bird dog forum and read until your eyes fall out
you have the assignment signed an notarized and you send it to the closing attorney. If they dont pay you, you lien the property
Thanks. Very helpful information.