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Updated about 1 year ago on . Most recent reply

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206
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Nick Versetto
  • Investor
  • Frankfort, IL
55
Votes |
206
Posts

Does 100% acquisition and rehab financing still exist?

Nick Versetto
  • Investor
  • Frankfort, IL
Posted

I haven’t taken down a project in a couple years and I used to have a list of lenders begged to finance my projects but now it seems those are much harder to find now.  

If anyone can send me a contact etc I’d appreciate it. 

Thanks 

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Replied
Quote from @Nick Versetto:

I haven’t taken down a project in a couple years and I used to have a list of lenders begged to finance my projects but now it seems those are much harder to find now.  

If anyone can send me a contact etc I’d appreciate it. 

Thanks 

Longhorn Investments, indeed with 100% on purchase and rehab, is very active in certain metro areas in 10 states (OH, IN, TN, NC, GA, AL, AR, TX, NM, MO) but not IL. Perhaps you could look at nearby states. Out of state investors OK but approval a bit easier with local access (i.e. that means you are resident within 250 miles of the project).
 

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