Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

4 unit complex + House combo
Newbie looking for advice.
Found a property, it’s a 4 unit apartment complex with 3/2 house on the same land. Good bones, but will need full cosmetics work.
Owner wants 60k. I would say rehab would cost 60-70k total (will do walk thru and get accurate quote from contractor soon)
ARV 190k
Which route would be advised to get funding for this project?
Please help. Trying to secure by Christmas.
Most Popular Reply

I ran across a deal like this in the past be sure that all units are legal with the city that can cause a major hiccup in regards to funding.
But a standard HML fix and flip loan would work then you can always refinance out once completed that would be your best option to close prior to the holiday