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Updated almost 8 years ago,

User Stats

25
Posts
6
Votes
Junior Cene
  • Walkertown, NC
6
Votes |
25
Posts

Rehab Loan needed in North Carolina

Junior Cene
  • Walkertown, NC
Posted

Hey guys I am a new investor and being at it for a year now and owned 3 rental properties, I have two properties that I recently acquired from an old friend that needed extensive rehab but got a good deal on the properties However properties are in C/D Neighborhood and rent about $600 a month. With my DTI is high due to other loans, Makes it hard to get a loan from the bank, Anyone have suggestion about a rehab loan that I may be qualify for, My rental income does not count since I only had those three properties in less than a year and my credit score just drop down to about 650.

Any suggestion or help will be much appreciate , Thanks

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