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Updated almost 4 years ago,

User Stats

33
Posts
13
Votes
Eric McCarty
  • Investor
  • Syracuse, NY
13
Votes |
33
Posts

Advice on a packaged deal of three SFHs

Eric McCarty
  • Investor
  • Syracuse, NY
Posted

Looking for creative ways to finance the following scenario:

3 properties packaged together. P1 is rent ready, P2 could use a little work, and P3 needs a decent amount of rehab to get it going. I'd like to get them all under one loan if possible. Just trying to determine hard money vs conventional. I'm leaning towards hard money to get the rehab fully financed, but zero of that rehab budget would go towards P1, so the other two properties would need a really good ARV to recoup costs when refinancing. Any insight would be helpful. Thanks!