Need 100% LTV financing for a residential property

[Johanna Anderson]

I have started a real estate investment LLC, and I will soon be doing fix and flips. However, my immediate need is personal and urgent.

I want to buy a house in Silver Spring, MD (a suburb of Washington, DC) for $640,000.00. This house needs no rehab. My goal is to sell the house immediately to another local investor, then rent it back from him or her with a 5 year option to buy.

I will fix my purchase price at $700,000.00 when I buy the house back in 5 years. This gives the investor a guaranteed profit of $60,000.00, which would be his or her incentive to buy the property from me.

I have $5,000.00 liquidity and halfway decent credit. I am employed part time. Does anyone know of a hard money lender who will give me a loan to 100% LTV for 6 months?

Thanks in advance for the feedback. Johanna