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All Forum Posts by: DeAnn Dillard

DeAnn Dillard has started 1 posts and replied 4 times.

Hi Scott,

Thanks for your reply and input: I have spoken with a hard money lender who does 80% of purchase, and 100% of construction and requires me to pay for closing costs. This means approx. 125k out of pocket: anyone have alternate creative suggestions?

I am a new investor looking to make my first deal. I am a general contractor and have identified a duplex that has a great ADU value add. I have been listening to the podcast for some time and seem to always hear that there are so many creative ways to look at deals with little to no money down, or that you should never let a lack of cash stop you from making the deal. The deal is 500k (current rental income is $2,700) $100k construction budget with an ARV of 800. I cannot live in as primary residence (have my own already) and don't have 100k for down payment: any creative strategies out there?

@Jessica Muto 

Do we need to RSVP for this since it will be at Barrel?