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Updated over 10 years ago on . Most recent reply

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3
Posts
0
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Bill Gostevskyh
  • Woodburn, OR
0
Votes |
3
Posts

Don't want to use family or relative money.

Bill Gostevskyh
  • Woodburn, OR
Posted

My house got forclosed on and was bought for $151,000 in Oregon. Its worth easy $380,000. And fixed up $480,000. I have 6 months right of redemption to buy back. I have 2 family members that can easily. Worst case will. But really don't want to, because it ends up being not a business deal but there power tripping deal. No matter how hard I try to explain or make perfectly clear before deal. My credit is shot. Lost 5 houses and didn't do bankruptcy because this house. I need hard money and looking for interested party and or advise on how one would structure this deal with investor. I want to buy, fix and flip. So total investment needed is $200,000. Time frame may a max year. But 6 months with fix, market, and closing time. 

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