Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 4 years ago on . Most recent reply

User Stats

245
Posts
61
Votes
Kanwar Sodhi
  • Real Estate Agent
  • Chantilly, VA
61
Votes |
245
Posts

Need Help with Financing (Rental Property in Georgia)

Kanwar Sodhi
  • Real Estate Agent
  • Chantilly, VA
Posted

Hey BP, 

Need some creative minds on this one. 

I own a duplex in Atlanta and another rental just popped up. It's $150,000 turnkey and it'll rent really well.

I've got to put 20% down. I'm waiting for the 1099 from my brokerage before I can qualify for this loan which they'll probably send to me next week.

In the meantime, I NEED to figure out how to get this property before it flies off the shelf. 

Anyone have any creative ideas or access to private financing that can help with acquisition? (Seller won't take seller financing and I do need the current taxes to be done to qualify)   

Thank you. Feel free to DM me

Most Popular Reply

User Stats

241
Posts
185
Votes
Richard Balsam
  • Investor
  • Alpharetta, GA
185
Votes |
241
Posts
Richard Balsam
  • Investor
  • Alpharetta, GA
Replied

Why don't you contact an asset based lender? Hard/soft lenders. Then, refinance in a few months with long term money.

  • Richard Balsam
  • Loading replies...