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.
Foreclosures
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 about 9 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Noah Sexton
  • Engineer
  • Indianapolis, IN
0
Votes |
6
Posts

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!!

Loading replies...