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Creative Real Estate Financing

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Maggie Nickerson
  • Investor
  • Oakland County, MI
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Looking for funding, what direction should I take?

Maggie Nickerson
  • Investor
  • Oakland County, MI
Posted May 7 2021, 07:40

Hello fellow Investors, looking for suggestions on analyzing this current deal that I have on the table.....5year buy,hold,sell

Hi,
Not sure what financial strategy to use for a current  project.  need to borrow $500k for rehab and down payment on the seller assist purchase.  $200k for rehab. Arv $1.4K The Seller is open to terms. Purchase price $989kHere are a few scenarios:1. Seller finance $689,000, $500k from you and 1st lean position bridge loan?2.seller finance 689k , $500k from you from portfolio loan. We own 5 rental properties. 3. Seller finance $689k, $500k from you for fix and flip 24 months4. Seller finance $689K, $500k from you for buy and hold rental 36-60 months
We are open to suggestions, 

Maggie Nickerson


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