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Updated almost 8 years ago,

User Stats

22
Posts
8
Votes
Eric Percival
  • Real Estate Investor
  • Miami, FL
8
Votes |
22
Posts

Bought Cash - Need to Finance Rehab Cost

Eric Percival
  • Real Estate Investor
  • Miami, FL
Posted

Hi, 

I got my first rehab deal under contract. I'm buying the property cash, and need to finance the rehab cost.

I wanted to finance the whole deal, but I don't have a track record. Would private lenders consider me as I will be paying cash for the property, and just need the rehab cost without a track record?

I do have experience. I was a project manager for a GC and a general manager for a real estate investing company. 

My goal is to build a track record.

Thanks,

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