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Updated about 6 years ago on . Most recent reply

Cory Riles's profile image
Cory Riles's profile image
Cory Riles
  • Real Estate Professional
  • from Houston, TX
  • Member since May 24, 2016
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Cory Riles's profile image
Cory Riles's profile image
Cory Riles
  • Real Estate Professional
  • from Houston, TX
  • Member since May 24, 2016
Connect
Cory Riles
  • Real Estate Professional
  • Houston, TX
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10
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Starting Out

1st deal looking for some advice.

Cory Riles
  • Real Estate Professional
  • Houston, TX
Posted

I am submitting an offer on a property,hoping to be my 1st fix/flip. I have already found a HML and wanted to know how to determine if the terms are outrageous. Iv'e googled what typical numbers should look like but he also mentioned either a very high money down option or giving up profits on the back in to have the money on the back end. Is this normal for the most part?

Property - 99K 4BD 1.5 bath 7,474 sqft.

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