Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Tricky Finance Situation
I have a rather good deal on my plate, I'm just trying to find a way to get it financed. $80k triplex offered for sale to me for $40k (to me privately), needs about $25k worth of work. Currently fully rented for $2,100 / month.
I have a terrible FICO, but decent income. My partner has a good FICO, but not great income. Where can I get a loan for $65k? I'd be fine with anything at this point. Lowest cash to close possible. 203k would be an option, however, we want to DIY the majority of it and are not licensed contractors.