Updated over 10 years ago on . Most recent reply
I have cash, but want to use that for the rehab. What are my options for Financing?
So I have a couple of partners, and we all put a nice amount of $ into escrow for our first property; we would like to use that for the renovations. We are looking for an REO property or a house thats in bad shape, and ofcorse, those are impossible to get a conventional mortgage for (or atleast thats what Ive been told by a few RE Agents/Mortgage Brokers. We would want to Buy/Fix/Flip in 5-6 months.... I would love to get some feedback on different options for $. Thank you guys in advance!!