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Updated almost 9 years ago on . Most recent reply

User Stats

64
Posts
11
Votes
Daniel Siapin
  • Investor
  • Brea, CA
11
Votes |
64
Posts

Deal falling apart, now what?!

Daniel Siapin
  • Investor
  • Brea, CA
Posted

I've got a deal that I've been working on the past few months, and it's just NOT going to close.  But in the meantime, I took out $350k in equity from a different property I own (it was for down-payment on the failed deal).  What am I suppose to do with that money now?!  

I've never been in this situation before with this amount of money!  And I don't just want to pay off the loan, it was a pain to get.  Maybe fund a local deal in OC (Yorba Linda, Brea, Fullerton, etc.)?

Am I even in the right forum for this thread?

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