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Updated over 2 years ago,

User Stats

30
Posts
16
Votes
Mike Gorius
  • Investor
  • Phoenix, AZ
16
Votes |
30
Posts

Rehab Loan in Austin, TX

Mike Gorius
  • Investor
  • Phoenix, AZ
Posted

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,

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