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Updated over 7 years ago,
OFFER ACCEPTED, HOW DO I GET THE FUNDS TO CLOSE??
Hey fellow BPers!
I found a REO 5 unit asking price: $159K. After going back and forth, the bank accepted my offer for $115K. Awesome now I need funds to close. The apartment is currently vacant and needs cosmetic repairs to get it rent ready (estimated $8K - $10K per unit). I've filled out hard money application but was wondering what else I can do. Partnering up is one option but what else can I do? I have $15K of my own money I can contribute. Your thoughts are greatly appreciated.