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Updated over 5 years ago,

Carlos Garcia's profile image
Carlos Garcia's profile image
Carlos Garcia
  • Member since Mar 4, 2019
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Carlos Garcia's profile image
Carlos Garcia's profile image
Carlos Garcia
  • Member since Mar 4, 2019
Connect
Carlos Garcia
1
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4
Posts
Tax Liens & Mortgage Notes

Would you refinance a 0% interest loan to get equity out?

Carlos Garcia
Posted

Price: 75K, Repairs: 30K, ARV 130K

Hi! Owner is willing to finance inherited home at 0% interest with 10K down but it needs about 30K in rehab. What are some strategies I can use to make this a long term buy and hold rental? If I BRRRR this deal I can only get some of my money back and I lose the 0% interest loan. Any suggestions on a better strategy?

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