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Shefali Srivastava
  • New to Real Estate
  • Philadelphia, PA
11
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16
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Innovative strategy to finance an Auction Win

Shefali Srivastava
  • New to Real Estate
  • Philadelphia, PA
Posted

Hi,

I won an auction for a property, however I am a little short on funds to cover the full payment to the county. Is there a way I can finance this deal? This is a tax delinquent sale and the ARV is almost double of what I've won it for. I need funding to help with the full deed transfer. What are the options I have for funds? Should I go for a private money lender? Hard money lenders usually need to get an appraisal done before they lend, which won't be possible in my case since I don't have the deed in my name yet.

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