A Good Rehab Loan
What does a good Rehab Loan look like for a $75,000 house with a $70,000 rehab budget? I'm looking for interest rates, draw schedules, etc...
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Stuart Udis
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Attorney
- Philadelphia
The smaller neighborhood banks will be the most cost effective option. Not all have products for this, but some do. Expect a depository relationship requirement. Worth exploring because these are relationship lenders who can really help you grow but requires time on the front end to cultivate these relationships.