Ok, believe it or not, I am a realtor. I am fairly new and was doing it part time, but now am doing it full time. So am still learning alot. But anyways, heres my situation as of right now.
I am 22, my friend is 22. We are both going to do a rehab together in dallas. We have about $15k - $25k together depending on things. So we want to do a rehab that is around $50,000 - $80,000.
We have income, however it does not reach the 28/36 bracket. So there goes conventional financing option. We have found some hard money lenders but they are all like literally 18% with 20% down (seems absurd).
We have found a private investor, but he has since flaked out on us.
Where can I funds???????? or how can i get this done?