Loan type for 4 plex purchase and rehab???

[Marshall Smith]

I have my eye on a 4 plex I'd like to buy, renovate, rent, and hold.

What kind of loans are best for this?

4-Plex details:

-currently occupied

-estimated sale price 265k

-ARV 400k, and 4k/mth in rent

Background on me:

-I have an LLC

-I own 4 single family rentals

-each has around 70k + in equity

-all cash flow well

-credit is 800+ with adequate income.

If yall were me, what loan options are best to buy, rehab, and rent a 4 plex?

[River Sava]

Hey Marshall - A rehab and refi could be a great approach here, especially if you’re looking to increase the property’s value before holding it long-term. Given your strong credit, rental experience, and the equity in your existing properties, you’d likely have some solid options. 

Sent you a dm as well to connect!