44  Find a Co-Borrower

Even credit-poor individuals can secure bank financing by finding a co-borrower with good credit.  Deliver a formal investment proposal regarding your real estate opportunity to interested parties.  When you find a willing partner, take the opportunity to build your credit by asking them to cosign on your loan.  Conduct the transaction, cash out, pay off the debt (and your partner), and enjoy your improved credit rating!

Charles Parrish

 

 

 

 
Posted by Charles Parrish on 08/19/2007 09:58 AM   Comments (2)   coborrower, credit poor, cosign, invesstment proposal  

2 Comments on Find a Co-Borrower Tip #44

AUG
19
2007
187,090 Points Outside Blog
In this day and market finding the right co-borrower can be a daunting challenge. Prices are falling here in Michigan. Investors are skeptical as is everywhere. Now with a major funding company going under what next.
10:13am • #1

You are right Bob.  These ideas are created to stimulate creative thinking.

Thanks for your comment.

Charles Parrish
10:56am • #2

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Charles Parrish

Baltimore, MD

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Auction Brokers & Investors United

Address: 6717-6721 Harford Road, Baltimore, MD, 21234

Office Phone: (410) 426-6000 x 11

Cell Phone: (443) 253-3886

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A wealth of techniques and ideas to advance real estate business.


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