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All Forum Posts by: N/A N/A

N/A N/A has started 1 posts and replied 2 times.

Creative Real Estate Financing

Post: Koolcat is on the prowl...

N/A N/APosted
  • Posts 2
  • Votes 0

I have about 20K in retirement, but it's not liquid. Maybe I can refi some money out of one of the other rentals for closing and repair costs? Just a thought. I'm still learning. Thanks.

0 Votes
Creative Real Estate Financing

Post: Koolcat is on the prowl...

N/A N/APosted
  • Posts 2
  • Votes 0

I have a property under contract and need some advice on financing. Here are the details:

Price - 52K
Offered - 50K w/1500 closing
ARV - 83K
Rehad costs - $2500 (paint and carpet)

I'm looking for 100% financing and would like to roll all closing and repair costs into the loan. Is that doable?

My information:

Fico - 711
Still employed
No Consumer debt
6 rentals properties that cashflow
very little cash reserves on hand

Thanks in advance.

0 Votes