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jasondavis

Hard Money or private money for Michigan

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I need help locating funding for foreclosure/REO acquisition and rehab. The lenders I do find that I can meet their criteria, don't fund in Michigan. The ones that do, I can't meet their criteria (either skin in the game or credit) Somebody please help. I have 4 (maybe 5-difficult to get comps) that I am looking at that.

 

Issues: no money and low 500's credit

 

Properties: Everything I am looking at is looking to be 45-65% ARV (preliminary) I think actual 3rd party appraisals will concur and if not then I'm not interested.

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