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Updated over 8 years ago on . Most recent reply
Rehab loan for > 4 units?
New here. The property is in Northern California - after inspections it was determined that a rehab loan is needed. $600k for property plus $150k estimate for rehab.
203k doesn't apply - what does? Private only?
What are competitive loan terms?
I want at least 10 year arm, preferably longer.
Thank you!
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![Dylan Vargas's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/506145/1621479921-avatar-dylanv4.jpg?twic=v1/output=image/cover=128x128&v=2)
@Cyndi Price..welcome Cyndi! Penn Valley is a nice area. Lake of the Pines, Grass Valley, Nevada City etc. I was surprised to see some lower house prices than a few years ago. (2010). Good luck to you.