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Updated about 7 years ago on . Most recent reply

Robert Close's profile image
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Robert Close
  • Member since Jan 28, 2019

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Robert Close
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Creative Real Estate Financing

Financing a 3-unit complete rehab

Robert Close
Posted

Hi All,

I am new to Bigger Pockets and Real Estate Investing.  Looking for best options to finance a 3-unit property that is currently vacant and a complete rehab.  What is the best vehicle or loan type?  I am not planning to live there.  Any feedback is appreciated.

Thanks!

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Tarik Turner's profile image
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Tarik Turner
  • Lender
  • from Hackensack, NJ
  • Member since Aug 13, 2016

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Tarik Turner's profile image
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Tarik Turner
  • Lender
  • from Hackensack, NJ
  • Member since Aug 13, 2016
Tarik Turner
  • Lender
  • Hackensack, NJ
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Tarik Turner
  • Lender
  • Hackensack, NJ
Replied

More info would be needed but there are fix and flip programs for 1-4 unit properties that can cover upto 90% of total costs not to exceed 75% of the ARV

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