BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 2 years ago on . Most recent reply
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House Hacking, but need to Rehab to sell.
Hi, I'm Sean Greene,
I own a 3 unit property that needs to be rehabbed in order to sell. I am new to real estate investing. I made a few mistakes when acquiring this property and I am considering selling, but I have questions. What are my best options for financing? The property is in my name and not my business name. Should I change it to my business name first? I have to fix the issues with the property before I can put it on the market and recoup my losses and hopefully earn a profit.
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I think a good place to start would be private money as well as reaching out to hard money lenders and seeing if there are any products they offer that will finance just the rehab - best of luck!