Asked by Terri, Ettrick, WI • Wed Mar 13, 2013
I have found a home to purchase, I have my existing home up for sale. I am looking for an investor to back me. I am willing to pay higher interest rates, I have down payment. Once existing house sells, investor will be paid in full. Bank will not give loan, 1) Debt ratio will be to high 2) New home is in neighboring state. Going from WI to MN. I have a renter for existing home, their monthly rent will cover all costs on existing home. Do you know of anyone who may be interested? Or do you know how I can go about finding this type of investor? Thank You! Terri
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