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Updated over 5 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Manpreet C.
  • Dallas, TX
2
Votes |
7
Posts

Looking at a foreclosed house but how to finance?

Manpreet C.
  • Dallas, TX
Posted

Hi all,

We have been looking and taking the leap into buying our first investment sfh. We came across a couple foreclosed houses that look good in terms of numbers (assuming we get the number we think we can) and general property maintenance (still have to confirm the interior).

We have done a lot of research and were thinking about taking the jump.

Our question is mostly how to finance the deal? Most people do all cash for foreclosures (to move quickly) but wanted to know if there is any other creative ways. 50% cash and 50% finance maybe?

Any guidance would be helpful

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