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Updated over 2 years ago,
Frustrated: Find Deals and the money is the easy part, NOT.
It seems every lender I have tried to deal with conventional wont work credit is not good enough. Working on it... Close.
I own my home. No Mortgage.
I own a Duplex that needs $40K renovation for $90,000 ARV Renting at $750 per side $1500 month. Aliquippa, repository property.
Good income, $5000 working capital, but the renovation will stall self funding to the tune of a couple grand a month.
I also have another property under contract for $55K, $30K Reno, $125 ARV in a great school district, perfect flip or turn key for buy and hold. New Roof.
I also have a commitment to purchase a home on the same street that is nicest on the street, maybe cosmetic updates, well maintained.
I could really use some direction, currently working on projects in Aliquippa, PA.