Rehab Financing

Does anyone know of any non hard money lenders that can finance a rehab project and who can qualify a buyer based more on the profit potential instead of the purchasers credit? Our credit scores are not the issue but our ratios are.

Thanks
Terry

Comments(4)

  • vguess991st March, 2005

    Tmckay, can you share the name of the lender you used?
    Thanks...

  • bigging2nd March, 2005

    ligem,
    Where is the Equities Trust Company located?
    I know websites are tough to come by here, but can you shed some light on this company?

    Thanks,

  • communityinvestments9th March, 2005

    While we are on the subject of creative finaning, I have an option that may take a bit longer (6-12 months) but may be an excellent long-term prospect for securing financing: Form an LLC, get an EIN number, get a D&B DUNS number, get vendors, pay your bills and establish some excellent BUSINESS credit. Get loans and credit cards under your business name- separate from personal finances. Then go make money!

  • billinseattle10th March, 2005

    Equity Trust Company, formerly Mid-Ohio Securities.

    www. trustetc dot com

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