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Re: Raising money

Posted by Deana on March 16, 2006 at 10:11 AM

In Reply to: Re: Raising money posted by Deana on March 16, 2006 at 10:10 AM

: : Damon,

: : You need to contact a Mortgage Broker. A bank would be less willing to work with you on this type deal. I happen to be a Mortgage Broker but I'm not licensed in NJ. HOWEVER, I do have a good friend in connecticut that is licensed in NJ. Send me an e-mail if you're interested and I'll give you his name and number.

: : Ben Wells

: : : I am looking to buy a foreclosed home in New jersey. I want to do so for investment properties as well but I am currently looking for property for my family to reside in. I have found 2 outstanding deals under 100k worth well over. Both seem to be in very good condition. The problem is I have a month to get the money together and my credit is not good. My question is what is the best way to raise money to buy property before it hits the auction??

: Ben Wells If I may tag along on Damon's question, my husband and I also live in New Jersey, with not that great credit, and in need of raising money to purchase our first property for our family to reside in. If it is not an inconvenience may we also have the contact information of the Mortage Broker you mentioned. Thanks in advance.



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