All Forum Posts by: Phil Sero
Phil Sero has started 1 posts and replied 2 times.
This Is an, AS IS purchase that came about very quickly, for a Flip
The purchase price is 50k the Rehab looks to be between 60 and 80K. The ARV should be between 200 and 215k based on the conservative comps in the area. I have a closing date of early March.
I am buying my first property with cash in PA. The home is in need of major repairs, and I may need funds for a full rehab.
I have good credit and employment, but I used all of my cash reserves for the purchase of the property. Are there lending options for my situation?