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Updated almost 9 years ago on . Most recent reply

Account Closed
  • La Habra, Ca
1
Votes |
32
Posts

100% financing including rehab costs

Account Closed
  • La Habra, Ca
Posted

looking for an investor lender  to loan 100% on a commercial property in Queens New York Price is 1,850,000  including rehab cost of 350,000  we already have a buyer who will pay $2,500,000 for the property after rehab 

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6,408
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Brent Coombs
  • Investor
  • Cleveland, OH
2,655
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6,408
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Brent Coombs
  • Investor
  • Cleveland, OH
Replied

@Account Closed, so, the buyer doesn't trust you in advance with the rehab!? Pity...

Personally, I wouldn't trust the buyer! What happens when they walk for any flimsy excuse?

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