Say you find a motivated property owner who is willing to sell you his $300.000 …


Say you find a motivated property owner who is willing to sell you his $300.000 as-is property for $220.000 if you can come up with the cash in ten days. You know that after putting in $25.000 for repairs and sweat equity you could sell the house for at least $335.000. You want to grab this deal before someone else beats you to it. But how can you raise $220.000 on such short notice? The answer, an easy money, hard terms lender. What will the loan cost? optimistic real estate investors care nothing about the hard terms of easy money because they know, they will receive high profits from the venture.



Source by shamilton1955

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