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Updated over 8 years ago on . Most recent reply

User Stats

58
Posts
20
Votes
James Lanier
  • Investor
  • Pawtucket, RI
20
Votes |
58
Posts

Financial lenders after purchase of property

James Lanier
  • Investor
  • Pawtucket, RI
Posted

Hi everyone, 

This is my first post. I am starting my real estate ambitions in Rhode Island. I was considering strategies for finding my second rental property without refinancing out of my FHA. My best idea so far is to buy a property not as expensive between 40k and 60k and fix it up using financial credit. Are there other options? Are there type of lenders who will fund a project such as this after the purchase is completed?

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