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sunil87020 · Joined: 04 May 2009 Posts: 339 26.96 Dollars($)

I need to take out a second mortgage on my property for a down payment on a short sale house. I currrently have my property up for sale and the lender refused me. I have a 791 credit score and owe $245,000 on a house worth $425,000. I do not want to lose the short sale as i picked it up at a great price. What can I do I need about $65,000 for down payment?

eric1 · Posted: Sat Jun 13, 2009 6:27 pm Post subject:

Is prostitution legal in your state?

Seriously, there are no programs available to get you that money. You would need to borrow from a friend/relative.

millerja9 · Joined: 19 Jun 2009 Posts: 100 0.00 Dollars($)

My suggestion would be to do a bridge loan! Lenders will not do the 2nd because you have the house up for sale. Bridge loan will allow the house to be on the market.

A bridge loan is your best bet.

nelria12 · Joined: 05 Jul 2010 Posts: 19 0.08 Dollars($)

i think suggestion from miller will work

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