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Updated over 6 years ago on . Most recent reply
![Gerald McCullough's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/483352/1621478685-avatar-geraldm9.jpg?twic=v1/output=image/cover=128x128&v=2)
How would you start ?
Let’s say you found a deal like this for $20K
3BR / 2Ba 1100ft2 available now
3br 2ba available for CASH BUYERS. It is currently renting for $600 a month with a 5yr tenant. Only minor touch ups needed.
In an area that houses are selling for well above $75k , but the only experience you have in real estate has been wholesaling and lease options. Would like to purchase as a buy and hold. How should you structure to get lender to fund deal for short term for 1yr ?