advice on how to fund a deal.
I am planning to buy a house for $90,000, spend about $5000 on rehab and sell for $135,000. I have little money but a few ideas on how to finance it. hard money, personal loans... but I was wondering what other ways I could finance this
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Hi Jacob. I would start with contacting small local banks. I did this last year and a bank gave me a 90 day unsecured loan to purchase the property. After closing I refinanced with them for a 20 year fixed rate term loan. It's worth a shot to sit down with different lenders to see what they can offer. I did bring a bigger pockets report to the meeting too which impressed the lender.