Home Buying in Grand Rapids>Question Details

Christina, Home Buyer in Grand Rapids, MI

I need an investor to help me buy a house and Land Contract it back to me. I have great income, poor credit. Tough situation.

Asked by Christina, Grand Rapids, MI Wed Mar 14, 2012

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5
My wife and I are in the same boat.....Did you find anyone to help?
1 vote Thank Flag Link Mon Apr 16, 2012
I have a beautiful property for sale under LC. Please check out the posting:
http://www.postlets.com/repb/7575677
If this is not the area or type of property you are looking for, email me at picalprops@gmail.com and let me know what kind of property you are looking for and what area. How much down payment do you have available and what is your monthly budget. I will see what I can find that suits your criteria. Paul
0 votes Thank Flag Link Fri Jun 1, 2012
aldean green - property 3707 Victoria lakes drive - jacksonville, fl 32226 $270k. cant afford interest rate - need someone that can get decent interest rate.
Flag Mon Nov 25, 2013
Your best option might be to look for a Land Contract or Rent w/ Option to Purchase already listed. These days, it can be difficult to find funding for situations like this one. If you would like me to set up a search for these types of homes for you, let me know.
Web Reference: http://www.brekschutten.com
0 votes Thank Flag Link Wed Mar 14, 2012
Do you know any investors in Georgia that could help us with the same thing?
Flag Fri Jan 17, 2014
Christina,
That is a tough situation. But it is do-able. ' Do you already have the house picked out? Do you have a job? Do you have a copy of your most current credit report? Do you have any money for a down payment? Etc, etc.' Investors will use the same documents that a mortgage company/bank will use to determine their amount of risk working with you.
Suzie Reinbold
suzie@realestatesuzie.com
0 votes Thank Flag Link Wed Mar 14, 2012
Yes i have a job, a current credit report. But my husband is the money maker and his credit is bad. He is just filed and disacharged a Chapter 7 due to his past.
Flag Thu Mar 15, 2012
In these situations usually someone gets burnt. I have two other options:

1. We have a credit repair program. You don't need perfect credit to buy a home, tweak your credit a bit and now you might qualify.

2. Rent until your credit repairs its self and try again.

Jason Lash
Prudential Preferred Realtors
616-447-7045
http://www.GRHomes.Net
0 votes Thank Flag Link Wed Mar 14, 2012
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