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Updated about 6 years ago on . Most recent reply

Heath Jones's profile image
Heath Jones's profile image
Heath Jones
  • Rental Property Investor
  • from Enterprise, AL
  • Member since Jan 5, 2019

User Stats

137
Posts
85
Votes
Heath Jones's profile image
Heath Jones's profile image
Heath Jones
  • Rental Property Investor
  • from Enterprise, AL
  • Member since Jan 5, 2019
Heath Jones
  • Rental Property Investor
  • Enterprise, AL
85
Votes |
137
Posts
Private Lending & Conventional Mortgage Advice

Need loan for purchase and rehab

Heath Jones
  • Rental Property Investor
  • Enterprise, AL
Posted

How would I go about getting a loan to buy a storage locker facility and to pay for all the rehab. I feel like this is a loan to cost type of situation. So I know typically people get something like 80% LTV of the purchase price and 100% of the rehab money. Is this correct? And how does one make this work?

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