Long-term renters want to buy at 550 as is, but can't qualify for conventional financing.

A REAL fixer needs so much work that it doesn't qualify for traditional financing options.

Living and working overseas can present unique challenges when it comes to securing financing, but there are definitely loan options designed for situations like yours.

On market & offered asking price How did you finance this deal?

How did you finance this deal?

I think it should appraise for at least 600k and think 650k is reasonable.It’s fully renovated and fully leased for $5,200/month.I’ve reached out to banks to see if I could use cross collateral to be my equity contribution but at least so far they’ve also wanted 10% cash.I’d like to avoid coming out of pocket with cash.I was wondering if you had creative ideas on how I might be able to get this financed 💗

@Jason Tucker - your concept is very similar to one we just completed the financing for. 

On market & offered asking price How did you finance this deal?

I’d love to connect with real estate investors and learn more about your needs and experiences with financing.

It's like asking someone what you should look for in a wife.You need to focus on what your goals are first, then take a personal inventory of your own knowledge, skills, interests, finances, available time, etc.