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Updated about 7 years ago,

User Stats

5
Posts
1
Votes
Kevin Darlington
  • Kinnelon, NJ
1
Votes |
5
Posts

Best financing strategy when you need to rehab?

Kevin Darlington
  • Kinnelon, NJ
Posted

I've been looking at a number of different properties and hope to make an offer in the next few weeks. As I've spoken to a few traditional mortgage companies, they've made it clear that they will not lend to me unless the property is move in ready. So, my question is, if I need to to re-hap prior to putting occupants in, do i need to make this an all-cash deal?  Are there other ways to finance? Any insights are appreciated-many thanks!

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