Asked by Pradeep, Philadelphia, PA • Thu Aug 18, 2011
I have a contract to buy a investment property. The property has few cosmetic issues ( No carpets, pet odor, some holes in wall etc) currently there are no carpets/floors in first and second floor. I was just informed that mortgage was denied due to missing carpets and other items. Sellers (one of the big banks) are not willing to spend a single penny to fix anything :( what are my options for financing in this situation. Any lenders who may be able to help can contact. I am putting 25% on 200K property
Note: this is an investment property and hence 203k financing would not apply
Real Estate in Philadelphia
Popular Categories in Philadelphia
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!