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Updated over 6 years ago on . Most recent reply

Anthony J Robinson's profile image
Anthony J Robinson's profile image
Anthony J Robinson
  • from Chicago, Illinois
  • Member since Nov 12, 2015
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Anthony J Robinson's profile image
Anthony J Robinson's profile image
Anthony J Robinson
  • from Chicago, Illinois
  • Member since Nov 12, 2015
Connect
Anthony J Robinson
  • Chicago, IL
3
Votes |
3
Posts
Private Lending & Conventional Mortgage Advice

Private Money Lender

Anthony J Robinson
  • Chicago, IL
Posted

I'm new to real estate investments, just have a question and would like as much feedback as possible.

I found a motivated seller who wants out of their property. The property will cost $45k to purchase and needs about 65k-70k for the total rehab the ARV is $180,000. I have a contractor that agrees to use his own money to complete the rehab. The seller wants the purchase to be cash but I don't have access to a private money lender. What is the best route to take to get this project complete?

(I'm not looking to wholesale the deal)

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