5 unit multifamily

[Robert Rodriguez]

Hello,

I have a 5 unit multifamily in contract. I'm having a hard time finding financing because the rehab is more than the purchase price. The purchase price is 130k and needs 350k rehab. Can anyone send me in the right direction to find funding?

Thank you.

[Robert Rodriguez]

@Jamie Parker

Hello,

I have six months to close.

Yes, I have contractor bids

I got a couple of years of experience doing fixes and holds and flips.

Its a 12 month project contractors say 8 months. I like to play it safe.

My exit is to refi out the loan. If I can't ill just sell it.