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Updated over 6 years ago on . Most recent reply

Vincent Finn's profile image
Vincent Finn's profile image
Vincent Finn
  • Flipper/Rehabber
  • from Atlanta, GA
  • Member since Apr 13, 2019

User Stats

36
Posts
7
Votes
Vincent Finn's profile image
Vincent Finn's profile image
Vincent Finn
  • Flipper/Rehabber
  • from Atlanta, GA
  • Member since Apr 13, 2019
Vincent Finn
  • Flipper/Rehabber
  • Atlanta, GA
7
Votes |
36
Posts
Rehabbing & House Flipping

Rehab construction cost

Vincent Finn
  • Flipper/Rehabber
  • Atlanta, GA
Posted

Need help!

What are some ways to finance the rehab part of the project?

If hard money? Please let me know what lenders do rehab only loans

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Jennifer Rysdam's profile image
Jennifer Rysdam's profile image
Jennifer Rysdam
  • Rental Property Investor
  • from Cleveland, MN
  • Member since Mar 3, 2017

User Stats

518
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354
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Jennifer Rysdam's profile image
Jennifer Rysdam's profile image
Jennifer Rysdam
  • Rental Property Investor
  • from Cleveland, MN
  • Member since Mar 3, 2017
Jennifer Rysdam
  • Rental Property Investor
  • Cleveland, MN
354
Votes |
518
Posts
Jennifer Rysdam
  • Rental Property Investor
  • Cleveland, MN
Replied

I just get a construction type loan from my local bank. They pay for the property plus my detailed estimate of my repairs. I just finished a flip. The house purchase was $54,500, and the bank gave me a total loan of $75,000. 

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