Updated almost 4 years ago on . Most recent reply
Transactional Money Lender
Hey everyone! I'm seeking a Transactional Money Lender to cover down payment, closing costs and renovations for a property I'd like to purchase. Amount would be $85,000. Here are some details:
Purchase price: $280,000
*Down payment 20%: $56,000
*Closing costs (estimate): $10,000
*Renovations: $19,000
* = Transactional money lender needed for these items
I'll be using a DSCR loan with a 30 year fixed for this property.
I appreciate any referrals for for $85,000. Thanks in advance!