Trouble finding Hard Money for Foreclosure on 5+ Unit Property
Hey BP!
I've searched for days and haven't found this situation. My plan is to win the Sheriff Sale and gain control of the 5+ unit property. I will have 30 days to pay the remaining balance and this is where I need the help of hard money. The issue is that I wont be able to see the inside of the property within those 30 days. This means no interior appraisals until the title is transferred into my name. The property is undervalued so with purchase price and repairs it will be no problem for that total to be under the 70% ARV for a longer term loan. I'm looking for help with figuring out what my options are. Has anyone been in this situation and if you could point me in the right direction it would be awesome!