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Updated 20 days ago,

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4
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4
Votes
Marcus Taylor
4
Votes |
4
Posts

Need Private Lender for 35K down payment on 105K House Purchase

Marcus Taylor
Posted

I have a property under contract. The purchase price is $105K. Rehab estimate is $67K. Req'd down pmt + est debt service coverage total = $58k. We need $35k of this to close and cover debt service. This is a BRRR. Does anyone know of a private/hard money lender who will finance just a portion of the cash to close? Thank you.

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