1) You find the deal
2) You find the buyer
3) Buyer wires their money into title company
4) We wire the purchase money into title company
5) You keep all the profit except title fees and 2% of the loan amount.
A lender will fund 100% when the purchase is 65% of ARV.
Depending on your experience we can get you pre-approved for 80% to 90% of the purchase price with 80% to 90% of the the rehab amount. Corporate credit will help you secure an unsecured business line of credit for the other 10% to 20%.
Work with the seller of the property to offer you “Subject to” Seller financing where they allow their current loan to remain in place until you rehab and sell the home. Corporate credit will help you fund the rehab cost and any other expenses such as cash to the seller and closing cost.
JV funding with a money partner.
1) YOU BRING A PROPERTY/DEAL THAT HAS A MINIMUM OF $40K PROFIT.
2) YOU BRING A MONEY PARTNER/BORROWER TO THE TABLE.
3) YOU DO THE REHAB WORK.
4) YOU SPLIT THE PROFIT 50/50 WITH THE CAPITAL PARTNER.