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Updated about 9 years ago on . Most recent reply
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Financing REO flip & sell with ROBS/Solo 401k
Good morning all,
I am in the process of getting started on my REI venture. I will have shortly a ROBS 401k account set up that will allow me to put 20%-30% down on an REO. I had originally thought since I had the money down, financing the rest would be relatively simple. But as it turns out, there are not many that loan for what I want to do. It appears HML may be the way I have to go.
Has anyone found lenders willing to loan in this scenario? Anyone with a ROBS care to share how they finance the rest of the deal?
Thanks,
- Chris
Most Popular Reply
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Thanks J. I spoke with Ty, good folks and he knows what he is doing. I appreciate you pointing me in his direction.
- Chris