Rental Property Investor · Member since 2018 · 66 posts · 71 votes
5y
Start reaching out to lenders and seeing what your options are. They'll give you a step by step list on what to do after talking with them about your goals. If you're able to quality for an FHA loan then that might be ideal for your. If you're not able to qualify for a conventional loan then just be ready with 20-30% of the downpayment and shop around lenders.
Lender · Philadelphia, PA · Member since 2017 · 225 posts · 72 votes
5y
@Cartus Aikens Conventional lenders normally don’t lend to properties need rehab. Your best option is hard money lender or private money lenders. Good luck.