Financing for quick close - 10 days

[Philip Preskenis]

Trying to keep this short and sweet. We were presented with an opportunity to purchase a home direct from seller before his home is foreclosed on. It is set to be taken by the bank on March 7th. We would be getting a 25-30% discount on the purchase compared to what the market value is so we would like to get this done. The home is in good shape and would not necessarily be a good BRRRR because rental comps wouldn't cover the refinanced PITI (plus expenses).

I am looking for advice on how to get this done in a short timeframe. I have reached out to credit unions, "quick" close FHA companies and I am waiting to hear back.

Thanks in advance for the help!

[Jonathan Klemm]

Awesome work @Philip Preskenis!  25-30% discount is exactly what you need in this current Chicago market to make the number work.

You need hard or private money.  Where is the property located exactly and how much money do you need?

I can make some great connections for you...reach out and I am happy to help.