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Updated over 3 years ago,
Loan Options for Investment Property that needs Rehab Work
Needing solutions/ advice on how to purchase a 2 unit home needing around 50K in repairs. I'll live in one unit. One unit is already rented covering the mortgage, or 90% of it.
Cost 150K, Repairs 50K-60K, will bring $3300 when rented, I'll live there while renovating, 3,5% down, i have excellent credit.
What I need: Available loan options to make this happen. Or other options.