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Updated over 2 years ago,
Rehab Loan in Austin, TX
Hi Everyone,
I live in Phoenix, and I'm under contract for a single-family detached home in University Hills. I was able to secure seller financing, which leaves me to find funding for the rehab. This will be my first time working in Austin, so I have no contacts. Does anyone have recommendations for a private money lender who would be open to lending the rehab costs? Comps are below.
400K for the home
150K in rehab
650K ARV
Thanks,