Skip to content
Classifieds

User Stats

66
Posts
65
Votes
Paula Wallace
  • Investor
  • New Orleans, LA
65
Votes |
66
Posts

Need Financing for Renovation on a "Subject To" mortgage

Paula Wallace
  • Investor
  • New Orleans, LA
Posted Jun 19 2017, 14:42

Hi,  Looking for $60,000 for renovation on a "subject to" property.  Homeowner is 4 months  behind and started renovation but ran out of money.  The house can sell for $280,000 min, right now seller is looking to sell for $150k.  This is my first "subject to" property so I am not sure on how to get financing to finish the renovation.

Looking for

User Stats

610
Posts
131
Votes
Nathan Click
  • Lender
  • Morrisville, NC
131
Votes |
610
Posts
Nathan Click
  • Lender
  • Morrisville, NC
Replied Jun 19 2017, 17:00

@Paula Wallace I may be able to help you secure financing.  Please feel free to contact me.

User Stats

2,113
Posts
195
Votes
Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
195
Votes |
2,113
Posts
Alex Hamilton
  • Property Manager
  • Baton Rouge, LA
Replied Jun 19 2017, 18:23

How much is the balance on the mortgage?  If low enough may have a Private Lender to advance the $60K.  PM me or use www.hamiltoninvestmentschdo.com messaging

Rental Home Council logo
Rental Home Council
|
Sponsored
Advocating for Single-Family Rental Housing Drive rental policy change. Protect your investments with a National Rental Home Council membership.

User Stats

66
Posts
65
Votes
Paula Wallace
  • Investor
  • New Orleans, LA
65
Votes |
66
Posts
Paula Wallace
  • Investor
  • New Orleans, LA
Replied Jun 19 2017, 18:25

thank you both, I will find out and get back to you.