I need help with finding a lender that would fund a rehab.

[Jonathan Polanski]

I purchased a property located in fort pierce, FL with a private lender...now I need money to start the renovation process (no the private lender isn't open to funding the reno) It'll cost me only 20k. I'm searching hard and no luck, should I just give up? credit score is about 630, this is the only asset I have. property was purchased for 180k, I put 20% down, arv is 270k.

[Patricia Steiner]

Your credit score is going to hold you back from accomplishing more as an investor.  I recommend scaling back the rehab to nothing more than is absolutely needed to rent it - no frills, no big cosmetic plays - because you can't afford it.  You may need to pay for this on a credit card or with cash as you improve it.  I also recommend that you arrange to do a lot of the non-skilled work on it yourself...it's what most of us do - even when we have the financial strength that we don't have to do it.

There's no upside for a lender to take the risk on financing this.  Time to reassess the plan and make it work in a different way.