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Forums » Seeking Financing, Money, or Loans » Funding for rehabs?

Funding for rehabs? Subscribe to Funding for rehabs?

4 posts by 3 users

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Lafi S.

Wholesaler · North Jersey, New Jersey


Forum_avatar_avatar-plo917

Jun 09 '09, 04:36 AM

Hey, anyone out there provide funding for rehabs? I have a property in hand with a great spread and I am looking to see who is willing to fund this deal.

Edited: 06/26/2010 at 08:30AM


Teresa K.

Real Estate Investor · Independence, Iowa


Forum_avatar_avatar-notes4u

Jun 09 '09, 05:08 AM

From New Jersey - come on New Jersey you will have to post more info to even spark someones interest. Give us detail and terms, values of the area rentals - are you high or low. A Great Deal to you may not be a great deal for some one looking to invest in you until you let us know what experience you have. Are you going to manage it?

Edited: 06/26/2010 at 08:30AM


Lafi S.

Wholesaler · North Jersey, New Jersey


Forum_avatar_avatar-plo917

Jun 09 '09, 06:12 AM

Teresa,

My experience as far as rehabbing goes is very minimal. I simply want to buy this property fix it up and put it on the market for resale.

I'll try and get as much detail for you as possible and post it up.

What I was really getting at is what is the typical kind of financing used by most investors for these types of projects. Hard Money? Private? Conventional? I try to use as little of my own money as possible and that is why I am asking to find out what would be my best method to approach this deal.

Edited: 06/26/2010 at 08:30AM


J Lee

Real Estate Investor · Moorpark, California


Forum_avatar_avatar-jpl

Jun 09 '09, 02:46 PM

Lafi,

From what you tell me, I think might want to work with HML or private money. But as Teresa said, we need some more information regarding yourself and the project. I might be able to get you some info and maybe work out something for you, but I will need some more info. Talk to you soon.

Edited: 06/26/2010 at 08:30AM




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