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Updated over 5 years ago on . Most recent reply

User Stats

36
Posts
2
Votes
Traci Penkala
  • Flipper/Rehabber
  • Chicago, IL
2
Votes |
36
Posts

First deal funding options

Traci Penkala
  • Flipper/Rehabber
  • Chicago, IL
Posted

Good Morning,

Looking to start my Real Estate Investment Portfolio. I have gotten held back when it comes to the financing portion of the deal. I am self employed. Traditional lending has a lot of requirements that i am not meeting so i was looking for an alternative path. The long and short of it is i am looking to acquire property using seller financing with low or no money down and six months grace period before installments begin. With my equitable rights i would like to be able to rehab the property in those 6 months and either flip the property or keep as buy and hold. How would i structure this deal? Any positive feedback is appreciated as i stated i am just beginning and trying to master the financing portion and begin my journey in Real Estate Investing . Thank you!

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