Finding creative funding for first deal

[Demetrius Hopkins]

Seeking advice on the best route to secure $30,000 for a fantastic investment opportunity!

I have my eyes set on an undervalued rental property with amazing potential. It boasts 5 bedrooms, 2 baths, and spans across 1900 sq ft. The current market value is $104k, but my father, who owns the property, is willing to sell it to me for just $25k.

Here's the catch: I'm struggling to find a conventional loan for less than $50k. My credit score is around 640, I'm looking for suggestions from experienced investors like you on alternative approaches to secure the $30,000.

Your insights and recommendations would be greatly appreciated! If any private lenders would be interested, PM me! Let's seize this opportunity together!