Friday, August 1, 2014

Can I get a loan or is there any way I can have a loan?

The asking price is $260k, but I don't have enough.

I currently have two condos without any mortgages.
If I sell these condos, I will get about $170k after paying fees.
I also have $40k in the account, so still need $50k plus closing cost.
I'm self employed and only 10k income/year. Credit score is above 720

Is there any way I can have a loan $50k?

Thanks,
Lee

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