Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

25
Posts
15
Votes
Amit Shenoy
  • edison, nj
15
Votes |
25
Posts

Investor friendly HML in PA

Amit Shenoy
  • edison, nj
Posted

Hello Everyone,

I finished buying 2 properties in PA and they are currently undergoing rehab . Now my question is this on the third deal I have more than enough for 30% on the property. 

So the deal is :

Asking price -- 90k

Can put down -- 40K.

Rehab cost -- 55K.

I havent looked at the ARV since i plan to use for rentals.

My realtor says about 1800 per month once its rehabbed. 

So what do i need to show the hard money lender  to get approved . Also are there any inverstor friendly  lenders in PA.  

Thanks

Amit

Loading replies...