Updated about 7 years ago on . Most recent reply
What is the best way to finance and rehab a gift property?
Help! I am brand new to real estate investing. I was gifted a property that I would like to rehab and use as a rental. My question is what is the best way to obtain financing for the rehab. There are no mortgages or tax liens on the property which is in a state of disrepair. I have a deed and a lot of hard work ahead of me on the home built in the 1920's in a working class neighborhood that was passed down to me. Challenge accepted!! Just want to start off things right for my first adventure in real estate investing. Advice from anyone who has travelled down this road would be appreciated. Thanks!