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Updated almost 7 years ago,

Scott Anderson's profile image
Scott Anderson's profile image
Scott Anderson
  • Investor
  • from Mankato, Minnesota
  • Member since Apr 12, 2016
Connect

User Stats

6
Posts
1
Votes
Scott Anderson's profile image
Scott Anderson's profile image
Scott Anderson
  • Investor
  • from Mankato, Minnesota
  • Member since Apr 12, 2016
Connect
Scott Anderson
  • Investor
  • Mankato, MN
1
Votes |
6
Posts
Buying & Selling Real Estate

HELOC on a duplex to rehab and sell

Scott Anderson
  • Investor
  • Mankato, MN
Posted

I got a good deal on a multi family propety and want to rehab it. I would like to pull out a HELOC on a duplex that I bought for $92000, put down $13000, now have an existing loan for $79000, but if I can make a few updates and repairs to the exterior... this is in a market where this house would be worth $160000

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