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Updated about 7 years ago on . Most recent reply
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Who has used Fund and Grow to fund their real estate investments
Good evening BP,
I currently have my second property under contract a duplex with 2bed 1 bath each unit. This property is in need of moderate rehab (more so than just paint carpet drywall) and I was thinking of applying for Fund and Grow program. Roughly $4000 registration fee for average of 40-80k business credit at 0% interest for 12-18 months. I plan to utilize BRRRR strategy as property is foreclosed purchase price 40k 20% down rents are a conservative 700 per unit and once rehabbed should appraise for 70-80k.
I am wondering if anyone has any experience working with Fund and Grow and if they are willing to share their thoughts on the company/their experience with them.
Tags: Kenosha Wisconsin Milwaukee BRRR Fannie Mae foreclosure Fund and Grow
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Is this a legitimate program? $4,000 upfront makes me suspicious.