Updated about 10 years ago on .
Financing on this deal ?
Just purchased our 5th investment property to be used as a rental. I have put down the 30% from a line of credit on these previous properties but that is now maxed out. 70% has been banked financed. I'm looking at ways to come up with the 30% to purchase this next property. Purchase price is 36,250 Needs $3,000 worth of drywall repairs in basement otherwise its rent ready. I would guess ARV would be $60,000/65,000.
Hard money?
Investors?
Other?