Updated almost 8 years ago on . Most recent reply
The best way to borrow money
I live in Cincinnati Ohio I brought a house in April in 2017 to filp. I paid $44,000 for it and it need $30,000 worth of work and my realtor said it would sell for $150,00. What is the best way to get the $30,000
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Go to your local REIA meeting. You should be able to find a few Hard Money lenders along with private lenders. Also ask people on your network if they would like to earn 10-12% on idle cash or IRA funds secured by real estate. Have your lender package with you at the meeting (i.e. Repair estimate, pictures, MLS sold comparable sales, etc).