All Forum Posts by: N/A N/A
N/A N/A has started 1 posts and replied 2 times.
is there anyway way to finance this so I can do some of the work myself
I am looking to purchase an REO currently listed at $314k. The house needs some work - approx $60k to get it into good shape. Once completed the house should be worth about $370. I plan on living in this house for several years (5-10) and it has been listed for over 150 days. Any thoughts on how much to offer? Also, how can I go about financing this place and the cash for rehabbing. I only have about 60k for down payment and rehabbing any suggestions on how to finance. Let assumes I offer 275, that will leave me with about 30 for fix ups after a 10% down payment. where can I get the other 30k? Thanks in advance for your help