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Updated over 9 years ago on . Most recent reply

User Stats

6
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Noah Sexton
  • Engineer
  • Indianapolis, IN
0
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6
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Using transactional funding to buy a foreclosure house at auction

Noah Sexton
  • Engineer
  • Indianapolis, IN
Posted

I'm new to investing and looking for some advice. There is a foreclosure SFH that is going to auction this month right down the road from me and I'm trying to use transactional funding or creative financing to buy the house. I have ran the numbers and know what I would need to buy it at to make a profit, plus I already have a buyer. How would I go about finding money without using my money to buy it then resell it. I was thinking a hard money lender but they usually don't do that type of loan. Or am I going about this the wrong way? Thanks before hand for any advice. I love BP!!

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