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Updated about 12 years ago,
Seller financed rehab
I know a lot of people fund their rehabs with either they're own cash, hard money or private money. They purchase the house with it, and pay the rehab costs. However, what if you found a property that needed to be rehabbed, that the current owner was willing to seller finance? What are the chances you could then find an investor/partner with the cash to do the rehab? Would any outside investor loan money in that situation considering the seller has the first position if the project were to fall apart? The goal would be to fix and resell.