All Forum Posts by: Dennis O. Evans
Dennis O. Evans has started 3 posts and replied 11 times.
Post: need suggustion on how to refinance, after a rehab
Dennis O. EvansPosted
- Rental Property Investor
- Upper Marlboro, Md
- Posts 11
- Votes 4
hello bp
I found this house I can purchase for 40k it needs approx 20k to rehab. I am looking at approx 65k when rehab and purchase is completed.
I have a 23k unsecured loan, 13k my personal cash, and 47k in credit cards. I was going to buy and rehab this house with the unsecured loan, personal cash, and credit cards.
What would be the suggestion to get the money back that I invested to rehab and purchase,being my debt to income is to high to refinance?