1st time Investor Closing on Duplex in a Month, Nervous
Hi,
Nervous, and overwhelmed first time rehabber and Investor here.
I just had the inspection done today on the duplex, closing Nov. 10th
Everything looked good, a few minor odds and ends.
Upstairs is rented and the downstairs in my rehab project. I estimated $8k-$10k on the project. (Kitchen, Bath, floors, etc.)
1. I'm really nervous that I'm in over my head and made the wrong decision. Is this normal? It's an old building but solid most plumbing and electrical are updated.
2. The money I was going to withdraw from 401k plan was denied. So now I'm not sure where to get the funds to rehab.
Can't use 203k, I'm doing the work myself
I figured if there was any where to vent and ask for help it would be here.
So.. any advice? I don't want to back out of the deal