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Updated over 4 years ago,
Question about rehabs
I'm still saving for my first property but perfecting my deal analyzing in the process.
A lot of homes I see need a little cosmetic rehab work. Who knows what else is discovered after inspection.
My question is, how do I pay for rehab cost? Do I factor in cost with my conventional loan? (Purchase price + rehab costs) or do I have to get a conventional loan plus a rehab loan?
Thank you, you guys are awesome.