Need lender to help fund rehabs in Oklahoma City, Oklahoma!

Need lender to help fund rehabs in Oklahoma City, Oklahoma!

Member since 2008 · 2 posts · 0 votes

Real Estate Lenders,

Professional home inspector, rehabber and military NCO in search of honest lenders to help fund my full time property flip business the Oklahoma City and surrounding areas. Construction team to include two full time project managers and full time realtor is already in place.

Usually we turn houses in 1 - 3 months depending on weather and usually they sell in 5 months or less to include rehab time. Last house sold in 3 weeks. If interested please call...

Bill.

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  • Wentzville/St. Louis, MO · Member since 2008 · 359 posts · 1 vote
    19y

    Are you in need of rehab loans based upon the after repaired value?

    Best place to look is in the local area where the properties are? I'm sure you already knew this and have probably exhausted those sources.

    There are conventional lenders that we use a brokers who have rehab programs but these can be tough to get done. Typically you'll need 10% down and there are some restrictions for doc type like stated income.

    Hard money seems to work good for most investors, including those with assets and even high scores.

    The flexibility of working with a lender who is quick and can roll payments, costs, fix up, and purchase all into 1 loan cant be beat. There are several lenders that may be able to assist you if this is the type of financing you were looking for.

    There's more questions that need to be addressed if so.

  • Real Estate Investor · Palmdale, CA · Member since 2008 · 32 posts · 0 votes
    19y
    Originally posted by "OKCinvestor":
    Real Estate Lenders,

    Professional home inspector, rehabber and military NCO in search of honest lenders to help fund my full time property flip business the Oklahoma City and surrounding areas. Construction team to include two full time project managers and full time realtor is already in place.

    Usually we turn houses in 1 - 3 months depending on weather and usually they sell in 5 months or less to include rehab time. Last house sold in 3 weeks. If interested please call...

    Bill.

    I would like to help you find the funding you need. Contact me at my link in my signature.
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