Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

37
Posts
6
Votes
Donyelle Keith
  • Wholesaler
  • Pennsylvania
6
Votes |
37
Posts

Sub-To Rehab Strategy

Donyelle Keith
  • Wholesaler
  • Pennsylvania
Posted

Hi @everyone,

I currently have a sub-to multifamily on the table. The problem I'm having, when considering if I should move on it or not, is that the property needs some TLC. The rent is lower than the avg rent & I may need to evict the tenants due to upkeep of the property. Once rehabbed, rent raised & better tenants the property would bring in fairly good cash flow. What would be the best way to acquire the funding to rehab & any potential exit strategy, with keeping the property as my main focus. Open to any suggestions or strategies! 

Most Popular Reply

User Stats

9,861
Posts
5,551
Votes
Eliott Elias
  • Investor
  • Austin, TX
5,551
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

Borrowing the money from the seller, or a private money, lender and paying them back monthly with your cash flow. I stay away from subject to property that needs rehab unless I am flipping it.

Loading replies...