Our clients were looking to buy a 2-unit building in San Francisco. After a while, his offer for $1,600,000 was accepted. He put $500,000 as his down payment. However, the problem was that 4 years ago he had a short sale. Even though his credit score was 716, most of the Lenders required 7 years after a short sale to obtain a loan. There are very few Lenders that can do this loan, but Pacific Bay Financial finds solutions!
Cheers,
