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Updated almost 5 years ago,
Renovation Material Allowances in Sale?
Looking at purchasing a property that's a normal sale, not distressed, and would like to include some renovation materials. Is there any way that can be arranged in the deal using allowances or some other way? I could rehab and refi to recoup some or all of the renovation expense however rates are low enough now I may be subject to higher rate when I come back to refi. Any thoughts or insight would be appreciated. If anyone has done a deal like that how did you word the offer?