I invest in Indianapolis. I am buying houses for up to $20k, needed max 5k in help (already in the loan 20k) and ARV in normal market $65-100k. Most of this deals was rehabed and went back to the banks. I need money for loans 5 year paid in full , ready to pay points and high intrest.
I do on this Rent to Own , rent $650-800, depends from the house. I cashflow monthy , make loan paymant, i get free and clear property in 5 years, and a lot of equity.The same type deals i bouht in 05 for 40-45k.
Any suggestions on where to obtain financing?