James Carroll If it's a wholesale deal I'm looking for a minimum of 15% equity in the property once all repairs are done.

And please include the following:-How much do you have to invest-Do you have additional equity partners-How are your personal financesJust to be honest, you're unlikely to be able to invest in the tri-state area, even in Suffolk County.

In providing a second position loan for gap funding, we are thinking of asking 16% and 4 points.

If your not planning to go to college or are in a position to purchase a house, use the remaining $10k ish to buy a duplex and live in half.

I was also looking into something like the Wells Fargo business Equity Line Of Credit.

•A proven business leader with 25+ years of management and technical expertise holding multiple leadership positions within real estate, manufacturing, sales management, business development, publishing and hospitality fields.

1.)With a property purchase, we would look at you providing 25% equity for the purchase, which the line of credit could be used for.

Or to ignore the hassle of a FHA 203k or construction loan, you could conventionally finance the house, put your 20% down, then finance the renovation by other means--credit cards, personal loan, car loan if you have equity, private money from a relative?

But you will have substantial equity (something like $200,000) in the property after five years if your ARV is correct. 

Hello BP Members - I have a self directed IRA (traditional) and plan to use it in a flip transaction with a friend of mine where the IRA would only be an equity partner.