Hello, my name is Mary. My husband James and I fix up houses and sell them for a living. At one point my husband had over 15 rental houses in his portfolio. Just before the housing crash of 2008, he was getting burnt out, and wanted out of The home rental business. so he decided to get into a new business. One that did not fare well in the recession. At that point, we lost everything. during the last 3 years, he and I have gone into business together, rehabbing and selling houses.
We have one house due to settle in a few weeks and another that we are currently working on, but we would like to purchase a home for us to retire in. This is where the problems begin.
During our financial woes, my husband had to file for bankruptcy. Of course, lenders frown upon this. They have told him that there is a timeframe that needs to pass before we can qualify for a loan. This time has passed, but we still can't get a loan. Our credit score is in the low 600’s, as we use our credit cards to work on the houses and pay off the cards when the houses sell.
We are looking for someone who has a house in the suburbs, Baltimore, Carroll, Howard, Anne Arundel, or Harford county that is willing to sell to us owner financed for 2 to 3 years. We have a downpayment. Although we qualify for and have used Hard Money, those lenders will not finance a home.
This would not be a house that we would fix up and sell. This would be a home for us. So if you have a house that you wanted to sell in a couple of years anyway and the price is fair (250,000 or less) We would like to talk to you. Please send an email to my husband at firstname.lastname@example.org and thank you for your consideration.