Posted by Matthew Giegerich on July 01, 2004 at 16:14:59:
you can do an 85% /100% non owner using the higher value. the seller has to go along with it and all. is this a FSBO or Bank owned. use the cash to make payments and repair. sell after fix up.
Need Advice - Please Help! - Posted by Fred Tassinari
Posted by Fred Tassinari on July 01, 2004 at 08:02:44:
Michigan Deal With Partner
Found Colonial to Flip. Market value 340 to 350K. Can buy for 280 to 290K. Only have 30K in cash to invest & 700+ FICO Scores. Looking to flip within 6 months. Monthly mortgage payment to high to afford. How can we make this work? Is it possible to get a HML for 80% and use our cash to make improvements, approx. 10 to 15K.