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short of cash to buy

Posted by kris on February 25, 2004 at 11:07 PM

Ward,
I have been working fixers for a few years. I have been following the trustee sales at lately. I have been working the propeties sales and recording docs and am comfortable with the process.
My question is that I am soon looking for a newer home for myself, and would like to buy at the trustee sale. I know I need all cash, but would like to buy a trustee sale $ 300 k home, and only have $175k cash. I just cannot bring myself to buy a home for myself retail. Any ideas on private funds to fully fund the trustee sale, I am preapproved, can quick close refi and cash out a partner and am willing to pay solid return on investment points for the short term help with financing.
Here for your wisdom, and open to your ideas.
Thanks kt


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