Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated about 6 years ago,
Looking for financing in Vermont
Hello all,
Found a property I am trying to find financing for. It is a foreclosure that needs a little rehabbing 5-10k. We might turn this into a fix and flip or just a buy and hold. I am trying to find the best way to go about the financing part of this.
This is a SFH, I have the money for 20-25% down. I currently have an FHA loan so I cant go that route. It does need like i said some rehab so i believe it would require a rehab loan. My question is my father who i will be partnering with is a GC, my brother an electrician. We are able and want to do all the work ourselves because it is not that much. Do we have any options for this? Or if we go the rehab loan which it will probably require do we have to have someone else do the work for us?
What options do i have?
Thank for any info!