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 almost 8 years ago,

User Stats

93
Posts
11
Votes
John Nisewonger
  • Investor
  • Chesterfield, VA
11
Votes |
93
Posts

Hubzu cash only creative finacing tips needed

John Nisewonger
  • Investor
  • Chesterfield, VA
Posted

so I found a property on hubzu that I am interested in purchasing. The house is at a great price and I want to make an offer.

I have enough liquid assets to purchase the house and maybe enough for a third of what I think it will cost to renovate.

The hubzu deal is cash only.  I dont mind using some of my cash but i dont want it all tied up in this property. My question is. Can I buy the house with cash to seal yh deal and quickly turn around and get a 203k loan to pay for the house and repairs? What other options do I have or tricks of the trade to use to pay for this house and reno?

The house will not qualify for conventional loan for sure. I heard something about cash out refi?

Any tips are much appreciated!!!

Loading replies...