Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 3 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Hunter Jones
2
Votes |
13
Posts

Funding for homes less than 100K

Hunter Jones
Posted

Good evening BP fam,

I have come across 2 deals in my area, both less than 100K combined. One will be a BRRRR and the other is a buy and hold rental near a college. I am looking at financing options so that I don't have to tie up my cash, and I really dont want to do one deal at a time with the bank, plus I would like faster funding.

Deal 1- BRRRR, 20K for the house, 12K for reno, 50K Value

Deal 2- Buy/Hold- 2/1 central heat and air....32K

I could pay cash, but why? What options are there to purchase both at one time rather than go the bank route?

Loading replies...