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Updated almost 10 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Michelle Franco
  • Bronx, NY
2
Votes |
16
Posts

Rehab funding

Michelle Franco
  • Bronx, NY
Posted

hello everyone 

I would like to know what to do after I purchase a property cash, would it be possible to get a rehab/construction loan or some type of loan to do the remoldeling? Would it be easier to get this loan as opposed to getting a mortgage?  My plan is to buy cash since my credit is not good. Rehab , rent, then refinance to get the next property . Do they look at credit for this? Any advice is appreciated. 

Thanks

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