Updated almost 13 years ago on . Most recent reply

Is there any way to make this deal wok?
I have the opportunity to purchase, from a family member, a home for $90k that requires roughly $30-40k in repairs and has an ARV of $240k, as a conservative estimate.
I have no credit, no income, and could only put down $5k. Is there any way, aside from owner financing, to make this work?
Most Popular Reply

You could wholesale it for a healthy fee.