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Is there a Portfolio Lender out there

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Icon Mini Profile skreisler





Joined: 26 Feb 2011

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Post Posted: Sat Feb 26, 2011 10:56 am    Post subject: Is there a Portfolio Lender out there
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I have an approximately 670 middle score no debt and a 10 year old bankruptcy on my credit report. I need a portfolio lend. Is there one out there that can help me. I have verifiable income and tax returns. I have contracts on two homes. I have been paying the mortgage on one for over a year and have given the owner a non refundable EMD and the other one where we are currently living I have given the owner a non refundable deposit of $26,000.

I need a portfolio lender. Is there one out there that can help. One property is in Louisiana and the other is in Manassas Virginia

Thank you.

Sanford Kreisler
Icon Mini Profile brian1
brian1
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Post Posted: Sat Feb 26, 2011 2:06 pm    Post subject:
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why do you need a portfolio lender? Do you already own the max amount of homes allowed?
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Sanford Kreisler

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Post Posted: Sat Feb 26, 2011 3:26 pm    Post subject: Portfolio Lender
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I need a lender that does not sell there loans. I have a 10 year old bankruptcy still reporting on my credit report. I will report until 2012.

SK
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Post Posted: Sat Feb 26, 2011 3:59 pm    Post subject:
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But that is not a reason to need a portfolio lender - Both FHA and conventional loans allow for older BK's
Thats why i asked - you may not need to find a portfolio lender
Just one that does investment loans
Carrol

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Post Posted: Tue May 17, 2011 10:48 am    Post subject: LOANS
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I have max number of mortgages, I would like to pull cash out of one investment property that is paid off. I only want around $60,000.00 or less.
Icon Mini Profile alcovamortgage





Joined: 16 May 2011

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Post Posted: Tue May 17, 2011 12:31 pm    Post subject:
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SKREISLER: I would be happy to help with the Manassas Virginia proeprty. We are not licensed in Mississippi but I could refer you to a lender or two that is and could fund your loan. Contact me directly if you still need help. Email is best.
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Icon Mini Profile tfaulhaber1
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Post Posted: Tue May 17, 2011 2:51 pm    Post subject:
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You don't need a portfolio lender. Any mortgage specialist on this site can help you. Good Luck!
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david jones

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Post Posted: Wed Jul 27, 2011 1:20 pm    Post subject: sanford kreisler
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Important!!!!!! Be careful with sanford kreisler regarding money!!!! TROUBLE!!!!!! I know him in Virginia....
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