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Updated over 10 years ago on . Most recent reply

Dele Ola's profile image
Dele Ola's profile image
Dele Ola
  • from Virginia Beach, Virginia
  • Member since Nov 26, 2014
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Dele Ola's profile image
Dele Ola's profile image
Dele Ola
  • from Virginia Beach, Virginia
  • Member since Nov 26, 2014
Connect
Dele Ola
  • Virginia Beach, VA
0
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31
Posts
Rehabbing & House Flipping

Rehab Cost

Dele Ola
  • Virginia Beach, VA
Posted

I got a property on MLS under contract. I just realized the rehab cost would be more than the estimate. I have 3 days to closing. The comps that the hard Money lender are using is lower than the accual comp.

a) Can I renegotiate the contract(price) or I cannot change it.

b) Is there any exist strategy.

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