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Updated over 4 years ago on . Most recent reply

Nathaniel J Mott's profile image
Nathaniel J Mott's profile image
Nathaniel J Mott
  • from Raleigh, NC
  • Member since Oct 7, 2019
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Nathaniel J Mott's profile image
Nathaniel J Mott's profile image
Nathaniel J Mott
  • from Raleigh, NC
  • Member since Oct 7, 2019
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Nathaniel J Mott
  • Raleigh, NC
30
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62
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Starting Out

Buy off market and refinance to FHA?

Nathaniel J Mott
  • Raleigh, NC
Posted

My grandpa offered to be my private money lender if I were to find a good wholesale deal. I live in the Raleigh NC area and it seems to be a rehabbers market. Nothing on the MLS fulfills the 1% rule, but I think it's possible if I find something off market.

Would it be possible to rehab something and refinance to a FHA loan, or would it have to be refinanced to a conventional loan?

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