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Updated about 3 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Detrick Moore
  • Lender
  • Arlington, TX
1
Votes |
9
Posts

Funding a deal/Rehab

Detrick Moore
  • Lender
  • Arlington, TX
Posted

I have a question concerning funding a rehab, if I use a hard money lender would I be able to factor that into the loan ? Is that the same with using a bank to fund a deal?

Thanks in advance

Most Popular Reply

User Stats

465
Posts
184
Votes
Caleb Jordan
  • Lender
  • Arlington, TX
184
Votes |
465
Posts
Caleb Jordan
  • Lender
  • Arlington, TX
Replied
Originally posted by @Detrick Moore:

I have a question concerning funding a rehab, if I use a hard money lender would I be able to factor that into the loan ? Is that the same with using a bank to fund a deal?

Thanks in advance

 Most hard money lenders can bundle rehab costs into the total loan as long as arv supports it. Ive seen options where hard money lender funds 75% to 100% of rehab costs.

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