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Updated over 17 years ago on . Most recent reply

Keith Schellhardt's profile image
Keith Schellhardt's profile image
Keith Schellhardt
  • Property Manager
  • from Collinsville, Illinois
  • Member since Jan 6, 2008
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Keith Schellhardt's profile image
Keith Schellhardt's profile image
Keith Schellhardt
  • Property Manager
  • from Collinsville, Illinois
  • Member since Jan 6, 2008
Connect
Keith Schellhardt
  • Property Manager
  • Collinsville, IL
0
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35
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Real Estate Deal Analysis & Advice

Need input on how to finance

Keith Schellhardt
  • Property Manager
  • Collinsville, IL
Posted

Looking at purchase of a SFR that needs work. Here are the approximate numbers:

Purchase house @ $25K
Cost of repairs = $40K
ARV = $90K to $98K

I am seeking input on different financing scenarios that I could possibly discuss with bank/mortgage companies. My credit score good and I am self-employed. Would be seeking stated/no doc.

Thanks.

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