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Updated about 1 year ago,

Scott Titus's profile image
Scott Titus's profile image
Scott Titus
  • from Saint Peters, Missouri
  • Member since Apr 4, 2015
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27
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2
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Scott Titus's profile image
Scott Titus's profile image
Scott Titus
  • from Saint Peters, Missouri
  • Member since Apr 4, 2015
Connect
Scott Titus
  • Saint Peters, MO
2
Votes |
27
Posts
Buying & Selling Real Estate

Transactional funding

Scott Titus
  • Saint Peters, MO
Posted

I put in an offer for a property. It cash flows for $250 a month, 12% cash on cash, Equity $30k. (BP rental calc analysis). Purchase Contract is not assignable without sellers permission. Thinking I am going to use transactional funding. Property is 55K, is there a minimum 2% or $2000. I sure it varies by lender, 1st potential deal want to have my numbers correct.

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