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Updated almost 9 years ago,

User Stats

30
Posts
6
Votes
Kay Bush
  • Investor
  • Huntingdon Valley, PA
6
Votes |
30
Posts

Property under contract

Kay Bush
  • Investor
  • Huntingdon Valley, PA
Posted

So now what..

Property is under contract. Im purchasing for 30k. Rehab is estimated to be about 60k. I'm looking to either go the hard money lender route or heloc route to get it rehabbed. What do the hard money lenders ask of you? Do they need actually plans drawn up by an architect? What are my next steps while the property is under contract? What should I be doing during this time besides title insurance? Should I have contractors in there checking it out? I feel like a sitting duck..

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