50 unit VERY trendy area, Ideas on how to fund it to inc upgrades

50 unit VERY trendy area, Ideas on how to fund it to inc upgrades

Wholesaler · San Jose, CA · Member since 2015 · 6 posts · 0 votes

Very interested in this property, nearby property has upgrades wth similar style build.  what is the best way to incorporate construction funds to do upgrades within the financing.  Is there a way to package this idea to a lending institution or funding company to incorporate that?  This property is receiving almost 50% less than surrounding properties.  It needs interior upgrades, not teardown, and minor cosmetic on exterior.  Please, any advice would be much appreciated!  (property in TX)

0Reply
18 views

1 Reply

Jump to latestLatest
  • Investor · Lubbock, TX · Member since 2015 · 308 posts · 106 votes
    9y

    Lenders will often lend towards construction costs in addition to purchase price. Just ask.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.