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Updated over 8 years ago on .

Ryan Lauritsen's profile image
Ryan Lauritsen's profile image
Ryan Lauritsen
  • from Warwick, New York
  • Member since Feb 10, 2015
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Ryan Lauritsen's profile image
Ryan Lauritsen's profile image
Ryan Lauritsen
  • from Warwick, New York
  • Member since Feb 10, 2015
Connect
Ryan Lauritsen
  • Warwick, NY
0
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7
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Real Estate Deal Analysis & Advice

Can I get paid at closing for renovations on a multi family?

Ryan Lauritsen
  • Warwick, NY
Posted
Hey All, I've been looking for a small multi family home. I found a triplex that needs some TLC. I will be financing my deal through a traditional 30 year mortgage. The home needs about $20K for repairs. Is it possible for me to get a loan for $20K more than the price the seller agrees to sell the home and at closing get a check either from escrow or a credit?
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