“Cash Available in spite of Issues”

“Cash Available in spite of Issues”

 

 

 

 

 

Hi Joe,

Thank you for taking my call yesterday. Can’t believe I couldn’t get the mortgage that I need from any Boston banks that I contacted, but at this point I could care less as I was directed to you. Looking forward to hear the details for the mortgage you can do.

Here is an updated estimate on my property value updated 12 days ago. See attached pdf. Also the property just to the right of me 2 doors down at 25, which has 1/3 of the sq footage of mine just went under agreement for an amount around $750,000. Now granted it’s a Condo in mint shape rather than my older 3-4 unit multifamily building. But again its supportive of my property valued at well over a million. So I am excited about that.

By the way, I looked you up on Linked in, very impressive! Thanx Nick

 

About a third of my business comes from referrals, banks and other mortgage companies. The majority of institutions don’t do non-QM loans, so it is always possible for these referrals to come my way.

 

This client recently had a bankruptcy, had tremendous rental income from the three units, no full-time employment and under 600 credit scores. He plans on purchasing two additional investment properties and now has the funds to accomplish the goal.   

Subscribe to my blog via Email:

 

Enter your email address:

Delivered by FeedBurner

 

Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 3 commentsJoe Petrowsky • June 21 2019 03:08PM
“Cash Available in spite of Issues”
share
“Cash Available in spite of Issues” Hi Joe, Thank you for taking my call yesterday. Can’t believe I couldn’t get the mortgage that I need from any Boston banks that I contacted, but at this point I could care less as I was directed to you… more
“Buying a Home without Selling Your Current Residence”
share
“Buying a Home without Selling Your Current Residence” Good evening Joe. This is Sarah and Jason. We are interested in selling our house again (hopefully the third time is a charm! ) and we are wondering how much we are qualified for and if we… more
“The Odds were Not in Our Favor”
share
“The Odds were Not in Our Favor” Hi Joe, I got the house! The selling Realtor knows you according to my Realtor. My sense is that it made a big difference. I will be back in touch with you after I meet with my realtor tomorrow. Good wishes… more
“Great Way to Get the Message Across”
share
“Great Way to Get the Message Across” A man and his wife were making their first doctor visit, the wife being pregnant with their first child. After everything checked out, the doctor took a small stamp and stamped the wife’s stomach with… more
“Gail is still Laughing and Our Daughter Just had Twins”
share
“Gail is still Laughing and Our Daughter Just had Twins” For weeks a six-year old lad kept telling his first-grade teacher about the baby brother or sister that was expected at his house. One day the mother allowed the boy to feel the… more
“OMG”
share
“OMG” Four expectant fathers were in a Minneapolis hospital waiting room, while their wives were in labor. The nurse arrived and announced to the first man, “Congratulations sir, you re the father of twins. ” “What a coincidence! ” the man… more
“Construction Mortgages”
share
“Construction Mortgages” Good morning Joe, I wanted to touch base to let you know that I have all the paperwork ready to move forward with the construction loan, except the bids. It has been a long painful process trying to get the… more
“Know the Implications When You Co-Sign”
share
“Know the Implications When You Co-Sign” Hi Joe! I had a quick question, my dad offered to co-sign for me, would it be possible for my dad (who is retired/house paid off) to either be on the loan with me as a non-occupant or a co-signer?… more
“It’s Never too Early to Start Preparing”
share
“It’s Never too Early to Start Preparing” Hi Mr. Petrowsky, I was wondering if you can check my credit because my lease ends in September and my realtor told me in May we should start searching for houses so we can start doing the closing… more
“Who are You Calling DUMB? ”
share
“Who are You Calling DUMB? ” A young boy enters a barber shop and the barber whispers to his customer, "This is the dumbest kid in the world. Watch while I prove it to you. " The barber puts a dollar bill in one hand and two quarters… more