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Is there any lenders out there who will lend people money to do a deal with no pay stubs but have knowlede ? |
example; borrow money to a real estate investor who knows the numbers and can show proof that it works also offers 2-20% return on investments. Not anyone you would want to do business with. Loan sharks will loan to almost anyone. Well I guess if you had a incredible credit score you could get No Documentation financing. I'm not sure what knowlede means tho! Not a chance. Lenders don't invest in dreams, they invest in business. "'Cause I'm smart" isn't collateral!! I doubt it. The statement itself contradicts itself. Anyone who gets 20% on all of their deals would have good credit AND plenty of money. Yes. I had one such lender email me a while back. They do 70% LTV, no credit check, no income verification, no questions. They do a six month loan, amortized for 30 yrs at 18% interest. Interest only payments for those six months, so all you end up paying is 9% to borrow the money. Yah |
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