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Updated over 4 years ago on . Most recent reply

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Teresa Williams
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Question about taking out a loan

Teresa Williams
Posted

I would like to know if it is possible for taking out a loan just for the closing cost, rehab and the down payment? I am only asking because there are two software I am using to like an evaluation of the property so I know how much to ask for and if the property is profitable or not. When I put in my numbers and taken in the fact that most hard money lenders and private lenders pays up to certain amount on the selling price. When I did the math it is just basically the closing cost plus rehab and down payment.

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