I actually got caught up in the creative finance bubble of trying to lock up properties way over their value just because it had creative terms not realizing that if you were to buy a property at 120% of its value you will never be able to refi or sell without paying out of pocket.

I have spent the past 12 months as an independant contractor and wish to finance a project.

We have both always been interested in forming some partnership in which I do the leg-work and he provides the finances.

I also have a lending partner who can finance STR deals with only 15% down if you wanted to preserve some capital.

Hi Michael,  I’m a real estate investor, realtor and we finance investment properties.  

Hey Jason - if it's a 1-4 unit, you would need to value it based off the sales comp approach (assuming the buyer is using debt financing).

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

How did you finance this deal?

I'm happy to get together with you again about this newest spot you are touring and give you my 2 cents on how I would finance it.

No way to finance single room condo 4.