Including rehab cost in loan when buying

[Yacine Rimmo]

Hey BPers!

I am looking at an off market deal to buy in Easton Pa. A two unit at 120k that I would get vacant. I'd say that it needs $13k of work to hit my goal in renting it. Market value that is probably around 155k.

Not a home run but still something I can make work.

Work is mostly paint and flooring and I am budgeting a new boiler that will be needed soon. To improve my return I have been thinking of including the amount or part of it in the loan if possible.

What is the best way to do it in mitigating the risk of killing the deal?

Thank you!

Yacine