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Updated about 3 years ago on . Most recent reply

User Stats

12
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4
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Zachary McCloud
  • New to Real Estate
  • Des moines IA
4
Votes |
12
Posts

Looking for funding help

Zachary McCloud
  • New to Real Estate
  • Des moines IA
Posted

Looking for some help. Found a great BRRRR Property below 50% value and room to add more beds n baths. The way it sits is a two bed 1.5 bath.

Wholesale price $65K ARV looking at 170k could even be more comparable comps.

I need the money, which would be my first deal, but I don’t know where to go and do not have 20% down to start one. Any help or even a mentor would be greatly appreciated. I am in IOWA

Most Popular Reply

User Stats

71
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31
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John Steffen
  • Real Estate Agent
  • Dallas/Fort Worth, TX
31
Votes |
71
Posts
John Steffen
  • Real Estate Agent
  • Dallas/Fort Worth, TX
Replied

Hi Zachary, 

Have you tapped into your local REI Facebook groups? They can be an excellent recourse in finding lender referrals directly from investors in your local market.

Or google the top hard money lenders in your area, give them each a call, see who resonates with you and run with them! Best of luck! 

  • John Steffen

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