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Updated almost 10 years ago,

Kwamena Odum's profile image
Kwamena Odum's profile image
Kwamena Odum
  • Real Estate Investor
  • from Lovettsville, Virginia
  • Member since Jan 8, 2014
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User Stats

18
Posts
1
Votes
Kwamena Odum's profile image
Kwamena Odum's profile image
Kwamena Odum
  • Real Estate Investor
  • from Lovettsville, Virginia
  • Member since Jan 8, 2014
Connect
Kwamena Odum
  • Real Estate Investor
  • Lovettsville, VA
1
Votes |
18
Posts
Creative Real Estate Financing

Are there lenders willing to be second on rehab loans

Kwamena Odum
  • Real Estate Investor
  • Lovettsville, VA
Posted

Hello All,

I am looking for financing on a deal,

Deal-Contracted at $350.000.00, rehab costs: $100-110.000.00, ARV: $550-575.000.00

Looking for 100% purchase and rehab lending.

This property is in the Petworth neighborhood of Washington DC. Needs total renovation.

Anyone know of any lenders that will lend a newbie? I figure I have to start somewhere and I am open to going on a split deal with anyone who has contacts that will get the loans. Please help, I ask humbly.

Kwame Odum

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