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Updated over 7 years ago,

Dave Ramirez's profile image
Dave Ramirez's profile image
Dave Ramirez
  • Rental Property Investor
  • from Ashburn, VA
  • Member since Jan 14, 2016
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User Stats

239
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119
Votes
Dave Ramirez's profile image
Dave Ramirez's profile image
Dave Ramirez
  • Rental Property Investor
  • from Ashburn, VA
  • Member since Jan 14, 2016
Connect
Dave Ramirez
  • Rental Property Investor
  • Ashburn, VA
119
Votes |
239
Posts
Innovative Strategies

Financing for tear down with owner financing

Dave Ramirez
  • Rental Property Investor
  • Ashburn, VA
Posted
ARV for the house on the lot is $1.3M Owner has note of $380k Owner wants some at least $50k up front. New build is 18 months and $400k. Owner wants cash at second close for a percentage of profits or some fixed amount, which ever is greater.
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