advice on how to fund a deal.

[Jacob D Cockerell]

I am planning to buy a house for $90,000, spend about $5000 on rehab and sell for $135,000. I have little money but a few ideas on how to finance it. hard money, personal loans... but I was wondering what other ways I could finance this

[Ashley Kehr]

Hi Jacob. I would start with contacting small local banks. I did this last year and a bank gave me a 90 day unsecured loan to purchase the property. After closing I refinanced with them for a 20 year fixed rate term loan. It's worth a shot to sit down with different lenders to see what they can offer.  I did bring a bigger pockets report to the meeting too which impressed the lender.