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Updated almost 14 years ago,

User Stats

16
Posts
2
Votes
Lalana Nichole
  • Real Estate Investor
  • New Jersey
2
Votes |
16
Posts

Buy, Rehab, and ...

Lalana Nichole
  • Real Estate Investor
  • New Jersey
Posted

There is a property were they are asking $90,000 it needs almost $200,000 in repairs Potential After-Renovation Annual Income: $100,000+ it will need hard money financing... If I can borrow enough money to buy the property, fix it up, and sell it under market value for a profit would that work? If I can borrow enough money to buy the property, fix it up and hold it would that also work? Also what are things to consider? Thanks in advance for all the advice and info.

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