Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 almost 6 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
James Breder
  • Wholesaler
  • Paducah, KY
0
Votes |
8
Posts

Help! I’m stuck and need some ideas

James Breder
  • Wholesaler
  • Paducah, KY
Posted

I’m an investor that focuses mainly on flips, but I’m in a situation where I don’t know what my options are. I submitted a bid on xome for a house that I will live in under the first look program, and the offer was accepted. The house is worth in the 180 range and I paid 110. I’ve already been inside the house and it’s structurally solid and looks good. My issue is I have another investment property that I’m using a chunk of my money on, leaving me with about 70k that I’d want to put in for this. I’d finance it no problem in a few weeks, but I’m just trying to think of any option for borrowing the 45k cash just to complete the transaction. Would they let me use a hard money lender and put it in their name even though it’ll be me living in it? I’m willing to pay good interest to make it work. Any other ideas? 

Loading replies...