Updated over 3 years ago on . Most recent reply
Loan to Purchase Question
As a new investor is it a rule of thumb to bring $$ to the closing table??
Broker price is 147k, Lender is 80% LTPP+rehab, + 10.7% interest,,,ARV would be 225k
And I would be all in at 180k
I would have to bring 35k to the closing table which is not an option. Its a little light on the rehab as well.
What are my options??