ilmscore | Prediction Details
"I've got a bank that I think would give it to us for a million down including the rehab okay and so if he could basically hold that million for us we could give him two million immediately and then when we refi we could even give I think he could do that because I've asked him about that he said I don't understand it at all and I said so you're not willing to you know delay a little bit of the payment while somebody else comes in and fixes it up and he's like I don't have any interest in that."
By Investment Joy | July 24, 2022 | Pending
From video
Buying $3 MILLION In Cheap Houses? 00:12:22 - 00:12:46
Interpreted Prediction
The speaker is exploring a financing option where a bank would provide a loan for $1 million down, including rehab costs, for a portfolio. They suggest the seller could hold $1 million while they provide $2 million upfront, with the intention of refinancing later. The seller has shown no interest in delaying payments for repairs.

Prediction Details

Topic
Real Estate Portfolio Acquisition

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