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Updated over 3 years ago on . Most recent reply

Marshall Smith's profile image
Marshall Smith's profile image
Marshall Smith
  • Specialist
  • from Jackson, MS
  • Member since May 5, 2021
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User Stats

25
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14
Votes
Marshall Smith's profile image
Marshall Smith's profile image
Marshall Smith
  • Specialist
  • from Jackson, MS
  • Member since May 5, 2021
Connect
Marshall Smith
  • Specialist
  • Jackson, MS
14
Votes |
25
Posts
Buying & Selling Real Estate

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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