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Updated almost 8 years ago,
Rehab Funding Needed
I have a rental property in Philadelphia. The tenant is looking to move in late Spring and the house needs renovating; new kitchen, new bath, exterior doors and basement are the main issues. I can not rent or sell in the present condition. The renovation will take about $20K depending on the level of renovations. At this point my intention is to sell however, I used my own money when I purchased this property and minor rehab first time, as well as others and used all my cash. My employment situatuin is not standard however, I have an excellent credit score. Turn around should not exceed 6 to 8 months as I would like to start on exterior before she moves. Any suggestions on how to obtain rehab funding through other sources is appreciated.
Thank you
Michelle Romano