Any way to get cash for repairs + mortgage?

Any way to get cash for repairs + mortgage?

Rental Property Investor · San Diego, CA · Member since 2015 · 7 posts · 2 votes

I'm looking at a 4 plex that is in complete disarray.  I know for a fact I need a new roof on the property.  The cabinets, and  a lot of drywall work will have to be done as well.  The plumbing and electrical seems to be OK.  I was given an estimate of about $25k.

Does anyone know of a loan program that allows you to get cash at closing to cover the cost of repairs?

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