Financing in Berlin : Advice

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The Roskelly…, Real Estate Pro in Odenton, MD
The Roskelly Team answered:
I am retired, with no "income," but with substantial investments and assets. Can I get a mortgage on a second home?
Hi Linda,

You will probably need to purchase with cash or with a major down payment unless you have a source of income. However, real estate has proven itself to be the best long-te ... more
0 votes Share Flag Wed Sep 11, 2013 Financing in 21811
BG, Home Buyer in Phoenix, AZ
BG answered:
How does a retired person who is no longer working qualify for a mortgage?
1 major criteria of qualifying for a mortgage is income, retirement income also count.
0 votes Share Flag Wed Sep 11, 2013 Financing in 21811
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
how do I get property finance?
Poochie,

As a Real Estate Pro, one would hope that you would hold the answer to your own question.......or is there more to this post than meets the eye?
0 votes Share Flag Sun Nov 7, 2010 Financing in 21811
Lewis Poretz…, Real Estate Pro in Annapolis, MD
Lewis Poretz - MARYLAND 203K Renovation Loans answered:
IF YOU WANT TO BUY A PROPERTY WITH A HOUSE ON IT THAT NEEDS TORN DOWN, HOW DO YOU FINANCE IT?
A local bank may be you best source...... there are rehab loans available as well..... are you planning on putting money down on this?
0 votes Share Flag Fri Apr 25, 2008 Financing in 21811
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