Creative Financing For SFR Owner-occupied
I know this might not be best forum on net, but I'm looking for creative financing to purchase a home that I would live in. Anyone know of hard money/private investor/creative financing options for a Michigan (Detroit area) residence? If so, what's max LTV, terms, fees, rates etc?
House offered at $340,000, can probably get for $300,000-$310,000 and after fix up, should be worth $360,000-$375,000 (based on similar home sales in neighborhood). Willing to consider almost all options as will look to refinance after I get my credit back in line. By the way, my FICO's currently low-mid 500s due to past job loss (2002-2003), but been working for past 13+ months with base salary of almost $100,000.
Thanks for any input. Please provide, if possible, any website or contact information.
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