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Updated almost 5 years ago,

Philip Tice's profile image
Philip Tice's profile image
Philip Tice
  • Rental Property Investor
  • from Jacksonville, Alabama
  • Member since Apr 5, 2017
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User Stats

5
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1
Votes
Philip Tice's profile image
Philip Tice's profile image
Philip Tice
  • Rental Property Investor
  • from Jacksonville, Alabama
  • Member since Apr 5, 2017
Connect
Philip Tice
  • Rental Property Investor
  • Jacksonville, AL
1
Votes |
5
Posts
Creative Real Estate Financing

Creative Financing - no cash, need ~45k

Philip Tice
  • Rental Property Investor
  • Jacksonville, AL
Posted

I've got a couple of private investors in conversation to help me finance a property that's appraised at 49k, offer sent in at 29,400 and needs about 10k-12k in repairs/updates. ARV around 65k. I've never used a private investor before. What would be ideal terms that I can bring to them? Goal is to personally have $0 invested. Cash out refinance in 6 months.

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