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

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
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 about 6 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Jerry Bettis
0
Votes |
1
Posts

Does investors get private loans to purchase and also for rehab?

Jerry Bettis
Posted

Is it possible to get a private loan to purchase a property and also a loan for rehab? If so how can I achieve this!?

Most Popular Reply

User Stats

347
Posts
191
Votes
Shera Gregory
  • Investor
  • Richmond, VA
191
Votes |
347
Posts
Shera Gregory
  • Investor
  • Richmond, VA
Replied

 I agree. If as a borrower you can't bring money to the deal then you need to have a really good deal and also a very good idea of exactly what the rehab is going to be, who's going to do the work, what's it going to cost. It would be a good idea to show who your team members are. That's not just your contractors but also the title company, your insurance company, heck even whoever is going to clean it when you're done. The more you can show that you've thought this through the more comfortable the lender is going to be.

Loading replies...