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Updated over 12 years ago,

Scott W.'s profile image
Scott W.'s profile image
Scott W.
  • Real Estate Investor
  • from chicago, Illinois
  • Member since Jul 23, 2012
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Scott W.'s profile image
Scott W.'s profile image
Scott W.
  • Real Estate Investor
  • from chicago, Illinois
  • Member since Jul 23, 2012
Connect
Scott W.
  • Real Estate Investor
  • chicago, IL
231
Votes |
1,284
Posts
Creative Real Estate Financing

Homepath rehab loan question

Scott W.
  • Real Estate Investor
  • chicago, IL
Posted

has anyone ever done one of these or know what's involved? I believe the contractor has to front all the $ in labor/materials and is paid at the closing, upon appraiser inspection.

Any truth to this? I would think the bank would wire the $ in thirds or 50%.

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