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 over 5 years ago on . Most recent reply

Does investors get private loans to purchase and also for rehab?
Is it possible to get a private loan to purchase a property and also a loan for rehab? If so how can I achieve this!?
Most Popular Reply

I agree. If as a borrower you can't bring money to the deal then you need to have a really good deal and also a very good idea of exactly what the rehab is going to be, who's going to do the work, what's it going to cost. It would be a good idea to show who your team members are. That's not just your contractors but also the title company, your insurance company, heck even whoever is going to clean it when you're done. The more you can show that you've thought this through the more comfortable the lender is going to be.