Lots of distressed sellers and they don’t carry any risk or need financing.5.

Zip code 68104-Last years taxes = $1520-Purchase price and financed amount at 4.6% for 30 years = $120,000-Closing costs and funding fee (VA loan) = $9,200 paid out of pocket-Pretty much turn key property, minor repairs that I can do, less then $200 worth of work.

My Loan team is the largest in our area and because of that I am familiar with most the heavy hitter agents and of course quite comfortable with the finance side of things. 

@Ned Carey, usually you will need to file a quiet title lawsuit before you can sell a tax deed property for anything close to full retail price, with the buyer able to secure financing and title insurance. 

Its a true team effort from my equity partners to my partner bank.ON the finance side we put up 560k in cash borrowed the rest from our commercial bank ( about 8 million) and we made about 2 mil in 26 months.. 

I would not be able to carry the investment solely with my own finances (hence the partner), so it seems the bank would refuse to lend to me on that basis.Are partnership investments simply limited to commercial loans only? 

The home we found is everything we want and we agreed on a price that gives us $60,000 of equity at closing but I can’t get financing.

If the lot owner deeded the lot and provided the cash/financing for the construction, we did a 50/50 split on profit.

I'm relatively new to this having only bought 2 properties in June that are doing very well, but I financed those traditionally. 

We are looking to start financing so we can increase our inventory and maximize buying power which leads into my question.