HELP!. First Short Sales. First wholesale too.
I am a new investor in Atlanta.
I have three short sales lining up. Two of them are scheduled to be foreclosed June 3rd, and the other one in July.
So far I've been doing fine, talking to the mitigation dep., and getting my offer ready.
I need to find a hard money lender to fund this deals. The ones I've looked for, don't barrow to unexperienced investors. If I don't find the funding, I think I'll be in trouble.
If you know the way out of this one, please let me know.
I also have a motivatyed seller: His house needs about $6000 to $8,000 in repairs, it's worth $100,000 and he needs $70,000. I just want to flip it. My question is do I sign a purchase contract or just option the house.
Sorry if it's too elemental, but after this deals I would have a lot of knowledge.
Thanks for any response.
Vinicio
ibuyhomes@bellsouth.net">ibuyhomes@bellsouth.net
770-579-6461
Comments(0)