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Updated about 3 years ago on . Most recent reply

User Stats

37
Posts
6
Votes
Donyelle Keith
  • Wholesaler
  • Pennsylvania
6
Votes |
37
Posts

Sub-To Rehab Strategy

Donyelle Keith
  • Wholesaler
  • Pennsylvania
Posted

Hi @everyone,

I currently have a sub-to multifamily on the table. The problem I'm having, when considering if I should move on it or not, is that the property needs some TLC. The rent is lower than the avg rent & I may need to evict the tenants due to upkeep of the property. Once rehabbed, rent raised & better tenants the property would bring in fairly good cash flow. What would be the best way to acquire the funding to rehab & any potential exit strategy, with keeping the property as my main focus. Open to any suggestions or strategies! 

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