Updated almost 4 years ago on . Most recent reply
SEEKING FINANCING To Purchase Duplex
Hi,
In the process of purchasing a duplex for $125K, which needs about $40K of rehab work. Very solid ARV! I am seeking to find a hard lender to help complete this deal or get a conventional mortgage. Any help or suggestions is welcomed. Thank You!
Most Popular Reply
Hey Joseph,
You can obtain a Rehab Purchase Loan with escrow holdbacks (for repairs). You will have to have enough money for the downpayment and to start the renovation process. Feel free to message me for details pertaining to your specific scenario.
Alex Roter