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Updated over 16 years ago,

User Stats

58
Posts
8
Votes
Chris OToole
  • Real Estate Investor
  • Bayou Vista, TX
8
Votes |
58
Posts

Rehab to Preminant Loan

Chris OToole
  • Real Estate Investor
  • Bayou Vista, TX
Posted

Found a loan program where they will loan me up to 75% ARV on a property for 90 days then another closing where they will do a 30 year conventional for up to 80%. I think that two closing are going to add a lot of fees but it looks like if I find the right property I could come out with a fixed 30 year on a rehab with nothing out of my pocket.... Anyone had any experience with this type of funding?

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