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Updated over 5 years ago on . Most recent reply

Ade Tuyo's profile image
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Ade Tuyo
  • from San Diego, CA
  • Member since Jul 15, 2014
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Ade Tuyo's profile image
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Ade Tuyo
  • from San Diego, CA
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Ade Tuyo
  • San Diego, CA
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Private Lending & Conventional Mortgage Advice

Hard money loans for rehab on occupied property

Ade Tuyo
  • San Diego, CA
Posted

I recently saw a property that was tenet occupied that I wanted to buy but I would also like to do a rehab on the place with the cost included in the hard money loan. I was just wondering if anyone has done this or any advice on this.

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Michael Noto
  • Real Estate Agent
  • from Southington, CT
  • Member since Jan 27, 2008
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Michael Noto
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  • from Southington, CT
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Michael Noto
  • Real Estate Agent
  • Southington, CT
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Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

@Ade Tuyo Assuming that your hard money lender would want to view the place before financing it, just make sure you will have the access to the home you need to make that happen. If the owner and/or tenant restricts access that could make things difficult for you. 

  • Michael Noto
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