"Making Money in Real Estate When You Have No Money" with 50 years of combined experience in real estate and finance, Ken Sheppard & Dana Leigh share real world "How To" actions to use real estate togenerate passive income, build wealth and create a financial legacy for your family We started out this way and so can you.
The best formula for rehab money is for yourALL In amount to be under 65% of ARV. Generally, private lenders prefer to lend in the business name, but require a personal guarantee.
All In Amount = purchase price + rehab costs + closing costs/fees + interest reserves + loan points/fee = 65% of after repair value.
The factors that affect this specific deal are:
how much cash you have to bring to the dealwhere the property is locatedyour experience.
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