Updated about 2 years ago on . Most recent reply
Looking for lender - package of 3 SFH in Florida
Looking for a lender for a package of 3 SFH in Southwest Florida. Will require about $50k in cosmetic rehab. Seller is asking $585k for all 3 homes. Rental income around $5700-$6k total.
Interested in both traditional and hard money options.
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Robin Simon
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
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#3 Private Lending & Conventional Mortgage Advice Contributor
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- Austin, TX
your best bet will likely be to go to a private lender that offers both the hard money option for the purchase and rehab and then also the long-term option once stabilized (save time/energy if you can just quickly refinance with the same lender)
I recommend @Zach Edelman for this - does lots of both hard money and DSCR in Florida