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Updated almost 6 years ago on . Most recent reply

Leland James's profile image
Leland James's profile image
Leland James
  • Developer
  • from Tacoma, WA
  • Member since Dec 2, 2018
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160
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37
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Leland James's profile image
Leland James's profile image
Leland James
  • Developer
  • from Tacoma, WA
  • Member since Dec 2, 2018
Connect
Leland James
  • Developer
  • Tacoma, WA
37
Votes |
160
Posts
Buying & Selling Real Estate

Can I get a line of credit using a fixer upper house?

Leland James
  • Developer
  • Tacoma, WA
Posted

I’m wondering if I purchase a house that needs work let’s say I purchase it for 100,000 and the tax assessment value is 125,000 there’s nothing owed on the house could I purchase the house and then get a line of credit using the property to find the rehab?

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