Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 17 years ago, 05/15/2007

User Stats

19
Posts
1
Votes
Naskat Williams
  • Real Estate Investor
  • new york
1
Votes |
19
Posts

My First Flip

Naskat Williams
  • Real Estate Investor
  • new york
Posted

I have a house under contract for $70,000 and it needs $30,000 in repairs. The ARV of the house is $140,000. I am approved for a hard money loan, but they want me to put down 10%.My credit score is 600, so I have to put money down. Because of the subprime lending market right now all the hard money loans I applied for want atleast 10% down because I have no assets, and fair credit.How I can I make this a no money down deal?

Loading replies...