Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 17 years ago,

User Stats

4
Posts
0
Votes
Mani Festo
  • Real Estate Investor
  • Austin, TX
0
Votes |
4
Posts

Hard Money Needed: 642 Mid-Score, 600K purchase

Mani Festo
  • Real Estate Investor
  • Austin, TX
Posted

I am looking for a hard money deal to purchase a rehab SFR. Purchase price 600K. Needs about $65k in rehab. ARV is $900K (comps are higher). I want to be able to get into this with as little out of pocket as possible so I would want it to be possible to roll the payments etc into the loan. At least 3-4 months of payments anyway. I don't want to mess with documentation etc. I am sure the seller would be willing to carry a second if the numbers are cutting close.

I don't know if it helps but my LLC has an 80 paydex listed with D&B since 1999 and Business Experian score of 97 listed since 2001.

Exit: I want to refi and hold. Second choice: Sell.

Again, I would like this to be an equity based approval. I will PG if I have to - but I don't want to have to jump thru hoops of providing financials etc. preferably close in name of LLC if possible.

Can anyone get this done?

Thanks! :D

Loading replies...