Cash Crank - Posted by Lew

Posted by Lew on June 22, 1999 at 11:03:19:

Hello Everyone,

This is day five and still no-takers for my re-hab flip property. I have sent at least 20 investors by to look at the home but still no interest. I am now thinking about lining up financing from a hard money lender and then doing a refinance to pull the equity out of the house put some cash in the bank fix it up to code and then lease option it out. Is this a decent plan or should I just table this deal and move on to the next??? Help!!!