All Forum Posts by: Rashad K.

You've already answered your question ;), "I have successfully used credit cards such as these in the past to buy real estate or to rehab properties."

@Joe Schaak thanks for your response! I never got notified for whatever reason and was scrolling through my profile and came across this again. I actually closed on a cat 2 a few weeks ago, fortunately the report was available on the mls. 

My advice would be not to let your fear stop you from taking action. If you have educated yourself which it sounds like you have go ahead and take that leap of faith

@Joe Schaak did you end up finding your answer? I was wondering the same

You should read the book estimating rehab cost by Jay Scott you can buy it on bp or amazon

@Javier Sanmiguel ill send you a pm!

@Keith Fjelsted I've sent you an email!

Hey BP, 

I'm looking to connect with anyone who has experience rehabbing a vacant building category 2 in the city of Saint Paul...  It would me much appreciated! Thank you 

-Rashad 

Look into the brrr strategy. Buy , rehab, rent refinance it. (If the numbers work) once it's rented out , find a local credit union or bank to do a cash out refinance , get your cash back and potentially do it all over again.

Following

Mike Vo do you know of any local hard money lenders? See if you can get a pre-qualification letter from them , and let them know you would like to purchase a property using them as your lender