Profile picture for offtheblack76

What can I do to get more (or better) quotes for my loan request ZR-YDNMTKX?

Just starting out credit wise im in school full time job and trying to get into real estate its going to be a partnership thing I want to know will it be better for two credit scores for a mortgage loan  the property were looking at is low in price were looking to improve and rent but were worried about is financing..??
  • December 16 2013 - Milwaukee
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Answers (3)

Agree with advice below in addition closings costs make small loan amounts cost prohibitive.  Small fixer upper properties are best done with a line of credit secured by something else.  As lenders we like the condition to be acceptable before we will make the loan. 
  • December 19 2013
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I would suggest you get financially stable before considering investing. Don't forget there is a risk involved. What you need is first of all the cash to get over the humps your going to face then a really good agent whose going to get you the market information you'll need. Sad to say, I see foreclosures all the time from wanta be investors who worked with the wrong agent who nodded their head while the wanta be investor talked about dreams of making a ton of money, If your relying on Internet sites for investment advice -- lots of luck on that. Most those sites have no idea what the market is in Milwaukee,. To invest you gotta know the market from block to block. 
  • December 16 2013
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Profile picture for wetdawgs
Auto quote generators rarely respond to quote requests of less than about $100, 000.  Your request is considerably less, so try a local credit union or local bank probably for a personal loan.
  • December 16 2013
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