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.
Buying & Selling Real Estate
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 5 years ago,

User Stats

12
Posts
2
Votes
Yon Chung
  • Rental Property Investor
  • Mc Lean, VA
2
Votes |
12
Posts

Where to get $30k for a $130k deal?? Suggestions please

Yon Chung
  • Rental Property Investor
  • Mc Lean, VA
Posted

Hello all!  I have been in RE for the past 16 years.  I've been working during that time with almost perfect credit scores so getting loans to purchase rental properties was a breeze.  Now I am not working (my husband still works) but have two properties that are just about to close but the loan did not go through because I am no longer working.  I have 100k of 130k.  The propertirs already have tenanta and have been managed by my realtor.  They are happily living there and no plans to move out soon.  They are both positive cash flowing properties.  The sellet just put in a new furnace.

Hard money lenders cannot lend me the money as the 65k x 2 properties is too low of value.   Family and friends will not lend that to me ( as they are not into RE and dont think of this as an investment) What other creative ways to get the 30k?  Help!!  Need to close in 2 weeks. Thanks in advance!

Loading replies...