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Updated about 2 months ago on . Most recent reply

User Stats

12
Posts
14
Votes
Volodymyr Flis
  • Flipper/Rehabber
  • Philadelphia, PA
14
Votes |
12
Posts

20 bedroom Multi unit house funding

Volodymyr Flis
  • Flipper/Rehabber
  • Philadelphia, PA
Posted

Hello, I am looking at the property that was used as a rooming house for students in Philadelphia. How can I get funding and what type of loan would that be? The price is around 400k plus rehab cost.

Most Popular Reply

User Stats

12
Posts
14
Votes
Volodymyr Flis
  • Flipper/Rehabber
  • Philadelphia, PA
14
Votes |
12
Posts
Volodymyr Flis
  • Flipper/Rehabber
  • Philadelphia, PA
Replied

@Jaycee Greene according to padsplit it should rent for 500$ per room per month. It's not in the nicest neighborhoods but I've sold the properties in worst and my house was the most expensive in the area.

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