Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

24
Posts
5
Votes
Barry L Hohstadt
  • Kailua Kona, HI
5
Votes |
24
Posts

Traditional Financing After Rehab in BRRR Scenario

Barry L Hohstadt
  • Kailua Kona, HI
Posted

Here is a scenario I am thinking about if possible: 

Probably not qualified for traditional financing because of completing Ch13 within the past year, a FICO in the low 600's and possibly not employed because of working full time doing a rehab. But suppose I am doing the Rehab with hard money or OPM. Once the Rehab is complete and a renter is in place, would it be easier for me to get the tradition financing for the property?

Thanks!

Loading replies...