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Updated 7 days ago, 12/17/2024

User Stats

6
Posts
6
Votes
Max Nathan
  • Miami, FL
6
Votes |
6
Posts

How do I secure lending on down payment / construction costs

Max Nathan
  • Miami, FL
Posted

I'm trying to get financing lined up before I find a deal. I want to do a seller financed deal that allows me to put less down, but I still have to come out of pocket the rest of the down payment and construction costs so I have a few questions

1. Can I get a loan for the down payment / construction costs

2. In a seller finance scenario and my new posed scenario can I get both parties to agree to let me start paying 3-6 months down the road after the rehab and I start cashflowing?

I really feel this financing situation is holding me back from going and finding a deal. Would love some advice

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