Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Mike Lalor
  • Stillman Valley, IL
2
Votes |
11
Posts

? on new purchase

Mike Lalor
  • Stillman Valley, IL
Posted

Thank you all in advance, I am looking to get started in purchasing some rentals in my area. Ive been watching the videos and I think I have a couple of great possible first buys. The catch is on both is they need new roofs. both are in great need of repair, the estimates Ive gotten back are in the 20 K range. My question is, what is the best way to finance this? I have the money for the down payment of current price, I would hope to get it cheaper, but I do not have another 20K on hand to put new roofs on them. Can I wrap those into the actual loan? what is the best way to attack this. Thanks again

Loading replies...