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Updated about 6 years ago,
Need Rehab Loan on 10 & 18 unit Multi-Fam in MO
Hi!
Thanks for looking! I am a broker for 18 years and former lender in the LA area. I consider myself well versed on all sides pf the closing table, have fixed and flipped many homes in the L.A. area and have owned all across the country over the last 16 years. Looking for financing on two deals that are next door to each other!
One is a 10 unit and the other 18 units.
10 unit: Please note that BP does not have a field in their calculator to finance in construction costs so I would in fact want to roll that in and prefer to have payments deferred during the rehab period. Acquisition + Rehab = 275K
https://www.biggerpockets.com/calculators/shared/1...
18 unit: Pretty much the same as above however the loan here would be approx 400K - 300k acquisition + 100k in rehab.
https://www.biggerpockets.com/calculators/shared/1...
Please message me if this is in your wheel house OR if you know someone who would like to partner with me on these!