I thought others would like to know this! Awesome deal.

[Rob Huxman]

We got really creative at the end of the year and marketed found some properties that were REO that were non-complete Construction deals one has been REO for over a year and with it only needing flooring and doors and siding there was no way to get a trad. loan on the property. I wrote the offer on the property that they escrow the funds to complete the property and we would contract the finish work using there funds. This is a 6 plex in Lakewood Colorado. They were asking 45k a unit well long story short today they accpeted the offer and took the deal.... Here is the sweet part!

We took on NO LOAN!!

Contracted a General Contractor to do the work.

They supply the funds to complete the project.

I will have no hands on for the project.

And in return for our efforts the General Contractor and I get 1 unit FREE AND CLEAR!

OH HERE IS THE REALLY NICE PART ARV 168K

Be creative it works!