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Updated almost 8 years ago,

Juan Cordero's profile image
Juan Cordero's profile image
Juan Cordero
  • Real Estate Investor
  • from Austin, Texas
  • Member since Jan 5, 2017
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User Stats

13
Posts
8
Votes
Juan Cordero's profile image
Juan Cordero's profile image
Juan Cordero
  • Real Estate Investor
  • from Austin, Texas
  • Member since Jan 5, 2017
Connect
Juan Cordero
  • Real Estate Investor
  • Austin, TX
8
Votes |
13
Posts
Creative Real Estate Financing

Lending for a Prehab

Juan Cordero
  • Real Estate Investor
  • Austin, TX
Posted

Hi,

Is it common for HML to fund a prehab deal? If I'm buying a property in which I'm going to do minimal work cleaning and gutting it and I only own the property for less than a week, will lenders still lend me money for this really short period of time? If so, are the terms different as if I'm doing a rehab?

Thanks!

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