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Updated almost 9 years ago,
I HAVE A GOOD DEAL but 30.000 euros missing, any idea please?
Hello, excuse me my english please. I need some good advice. I found two good deals. Two apartments in Dijon (France) One for cash-flow producing (500 euros/1month) with roi 9,8% and one fix&flip deal for capital gain (+15.000). I have cash 60.000 euros but to be able to buy them both i miss 30.000 euros. I have to sign a contract until friday and i won't survive if this deal will fly away, because it's my first deal. I found it myself and negotiated both. They both together make a sens, one insures the other. I am trying to find a hard money lander or talk to the people i know, but i have to hurry up. Please, do you have any good advice? I have the book ,,Low or no money down in real estate investing" but i am somewhere in the middle, and people in France are not very friendly and opened to those mentioned possibilities in the case i am a foreigner. Do you have any idea how to solve a problem and in the case i won't be able to manage this 30.000 euros, which appartement to take as a ,,startup"? The capital gain (fix&flip) or rental property is more safe? I am so excited i want them both! Have a nice day and thank you. Bea