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Updated almost 3 years ago on . Most recent reply

User Stats

14
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7
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Josh Salinas
  • New to Real Estate
  • Joliet, IL
7
Votes |
14
Posts

Lenders for Flips in the Chicago land area

Josh Salinas
  • New to Real Estate
  • Joliet, IL
Posted

Hi everyone, 

I'm looking to flip a SFH in the Chicago land area. Does anyone have any good recommendations for lenders who deal with loans that include purchase price and rehab? Thanks!

Most Popular Reply

User Stats

739
Posts
410
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Andrew Garcia
  • Lender
  • Charlotte, NC
410
Votes |
739
Posts
Andrew Garcia
  • Lender
  • Charlotte, NC
Replied

Hi @Josh Salinas, I can refer you to a lender that can finance up to 90% of the purchase + rehab depending on a variety of factors.

They can also do the back-end DSCR or conventional refinance if you plan on keeping it as a BRRRR.

Hope this helps! Let me know if I can be of any assistance.

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