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Updated over 10 years ago on . Most recent reply
3 family, bought for $30,100.
I have about $25k in my pocket; but am scared to be broke here. Picked up a 3 family foreclosure auction. I am seeking a hard money lender, or buyer perhaps, at this point. Can anyone give me some pointers / point me in the right direction?
I have spoken to a few hard money lenders, and either I'm not borrowing enough or it's just not worth it to them because I need such a small loan (maybe $30k just to make me feel comfortable; as this is my first property ever.)
Here is the property:
http://www.trulia.com/homes/Connecticut/Torrington...