Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 15 years ago,
Newby Needs Help
I have a property that I have owned for five years. I just moved out and would like to use the property for a rental. Problem is that I need about $10,000 for rehab and to get the note out from being behind. I have no credit and no funds for a down payment.
What can I do?
I have shown the property to several people looking to rent but the property needs to be fixed up. Even if I get a person to sign a contract the deposit and first month will not cover the rehab and the property is really not that bad. Carpet, Paint, Windows on the second level, bathroom and drywall the basement.