Re: not true… - Posted by TRandle
Posted by TRandle on January 18, 2001 at 23:36:18:
I can’t think of any way to obtain 75k from one source from what you’ve told me. So, my suggestion is to break it down into smaller pieces and solve each independently. If the first breakout isn’t small enough, go smaller.
You could use credit cards or hard money for your rehabs and/or living expenses. I don’t know how much that knocks off your figures.
Find a private investor willing to go to a higher LTV for a second on your house. Contact Troy Martin or Bobby Fischer at First Equity (512-346-8892) to see if they have any products that would help. They specialize in 2nds and funds for a program may come and go in a week or two. I doubt mentioning my name (Tim Randle) will help any, but they might remember me.
You could sell something and/or get a temporary part-time job. It’s hard to get a feel for your situation based on what you posted. If you haven’t read Financial Peace by Dave Ramsey, I recommend it. You could postpone the rehabs and wholesale some properties or assign some L/O’s for extra cash. Hope that is enough ideas to get your thinking moving in the right direction. Take care…