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Updated over 6 years ago on . Most recent reply

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2
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Leah Neuwirth
  • ST PETERSBURG, FL
0
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2
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Auction help please?

Leah Neuwirth
  • ST PETERSBURG, FL
Posted

Any auction sites that will let me finance?

Everything I'm looking at as far as fixing up a home and selling, is requiring cash, which I do not have.  I do have a nice credit score, and the required cash for the down payment.  But paying 70k cash is going to be hard for me to do. 

Can anyone recommend a certain website to check out?  Or a particular loan package that may work for me? 

I will not be living in it while we fix it up...

If I find a cash buyer that would front the 70k,  would I then return their 70k plus a certain percentage of profit?   Or pay them monthly interest until its complete, or maybe pay the interest on the back end?

Thank you for your help!!!

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