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Updated over 11 years ago,
Fix and Flip Deal Need Help To Fund
3-bedroom (could be 4-bedroom), 2-bathroom traditional home in Virginia. Over 1700 square feet. Needs about $25k in work, possibly $15k for a seasoned investor. Possible rents $900-$1200. Possible resale $90k. Price: $29,000 negotiable.
Who would be a good private money lender or hard money lender to use to make this deal work or is it a great deal?
How can I put it under contact with out having any earnest money for a deposit ? I hear people talking about putting houses under contact for $1.00 - $100.00 is this possible?