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27
Posts
20
Votes
Marshall Smith
  • Specialist
  • Jackson, MS
20
Votes |
27
Posts

Loan Options for Investment Property that needs Rehab Work

Marshall Smith
  • Specialist
  • Jackson, MS
Posted

Needing solutions/ advice on how to purchase a 2 unit home needing around 50K in repairs. I'll live in one unit. One unit is already rented covering the mortgage, or 90% of it. 

Cost 150K, Repairs 50K-60K, will bring $3300 when rented, I'll live there while renovating, 3,5% down, i have excellent credit. 

What I need: Available loan options to make this happen. Or other options. 

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