Befriended the neighbor How did you finance this deal?

Really established our finances and money goals.

Also did owner financing with them with a purchase price of $160k a $35k downpayment.

Rehab estimated at $35K3 unit propertyWill need some financing What made you interested in investing in this type of deal?

Because of this, I’m looking for investment opportunities that maximize my current capital and financing options.I'm considering investing in Birmingham, AL, where I’ve found several SFHs in the $30K–$40K range that I believe I could rehab for about $25K and rent for around $900/month.

-Start with a JV structure on a few smaller projects to establish a track record before seeking full financing on your own.

Very few allow any subordinate financing below their note but I do have ONE that allows 90% CLTV (they loan 75% and allow you to secure a 15% seller carryback as long as you come in with 10%). 

Here are some strategies to secure financing:1.

To make it work, ensure your HML allows second-position financing, negotiate favorable seller terms, and have backup exit strategies.

I’ve been doing Subject to and Creative Finance for a very long time, and I know you have to think ahead.