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Updated over 10 years ago on . Most recent reply

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10
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4
Votes
Mason Anderson
  • Baltimore, MD
4
Votes |
10
Posts

How to get funding for rehab

Mason Anderson
  • Baltimore, MD
Posted

Okay maybe I'm drawing a blank here but from my understanding when you get financing to buy a house, the bank/hardmoney or whoever gives you money just to buy the house but not to renovate the house and make repairs. Is that correct?

I mean if they don't finance the renovation part do you have to save that money, borrow from a friend or how does that work? How have you did it? Thanx

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