Creative Real Estate Financing
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 2 years ago,
looking for additional funding
Advice needed!! So purchased a 4 plex for very little money ($20K). The building needed major renovations, complete rehab top to bottom. When I purchased the property labor and materials were significantly lower in early 2021. Once the rehab began, things went up and the rehab has sense exceeded my rehab and overrun budget. Due to getting the property at such a low price and help from the growing market around the building, there is still some wiggle room for when i refinance. I need approximately 50k to finish the project, ( finishing work, floors, appliances, cabinets, etc.) any ideas on how to obtain short term financing for 6-12 months to complete the rehab and refinance out? thanks in advance!