Updated about 2 years ago on . Most recent reply

Private lending for Section 8
Hello all. I have a unique opportunity I have come across with a purchase price of 50k including 2 vacant land lots.
I’m thinking private investor to purchase the property and fund the 20k ish rehab. Is this a thing?
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@Michael Oliver Many national private lenders would be able to assist with the purchase of the residential property and fund 100% of the rehab as well - and some down to $50k total loan amount (purchase + rehab). The vacant lots would have to be funded out of pocket with those lenders, though. A private individual may be able to assist with financing the residential + vacant lots + rehab.