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Updated almost 4 years ago,
Advice on a packaged deal of three SFHs
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!