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 almost 4 years ago on . Most recent reply

User Stats

19
Posts
1
Votes
Maggie Nickerson
  • Investor
  • Oakland County, MI
1
Votes |
19
Posts

Looking for funding, what direction should I take?

Maggie Nickerson
  • Investor
  • Oakland County, MI
Posted

Hello fellow Investors, looking for suggestions on analyzing this current deal that I have on the table.....5year buy,hold,sell

Hi,
Not sure what financial strategy to use for a current  project.  need to borrow $500k for rehab and down payment on the seller assist purchase.  $200k for rehab. Arv $1.4K The Seller is open to terms. Purchase price $989kHere are a few scenarios:1. Seller finance $689,000, $500k from you and 1st lean position bridge loan?2.seller finance 689k , $500k from you from portfolio loan. We own 5 rental properties. 3. Seller finance $689k, $500k from you for fix and flip 24 months4. Seller finance $689K, $500k from you for buy and hold rental 36-60 months
We are open to suggestions, 

Maggie Nickerson


Loading replies...