Financing REO flip & sell with ROBS/Solo 401k

[Chris Brown]

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