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Updated over 10 years ago on . Most recent reply

User Stats

16
Posts
1
Votes
Steven Fiszer
  • Virtual Assistant
  • La Grange, IL
1
Votes |
16
Posts

I am a NINJNA

Steven Fiszer
  • Virtual Assistant
  • La Grange, IL
Posted

First let me explain the above acronym. It stands for No Income,No Job, No Assets. It is not completely true. I have a minimum wage job at a local real estate office but I digress. 

I am wondering if it is possibly to get Private Money financing on a real estate deal (fix and flip) with no money down and no payments for 3-5 months. I am looking for a hard money type deal with out all of the cost involved. I am willing to pay 8-12% on the loan. I am looking at houses that even with the rehab cost still have LTV of around 40-60%.

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