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Updated about 9 years ago on . Most recent reply

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2
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2
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Brian Corya
  • Contractor
  • Mooresville, IN
2
Votes |
2
Posts

HML under 50K

Brian Corya
  • Contractor
  • Mooresville, IN
Posted

I am hoping that some of the members would be able to help me to obtain some information about funding the following property...

I just found the property and would be my first property to purchase.....so home is not under contract

Asking price $36,000.00 

Rehab $13,000.00

Arv     $75,000.00

As Is Value $ 50,000.00

I can cover the rehab cost but i cannot find anyone willing to fund this deal because it is below 50k. The home is a 3 bedroom 1 1/2 bath approximately 1500 sq ft on about a 1/2 acre....an information would be great appreciated....i have already tried the family thing and no one is game.....Thanks ahead of time for your help 

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