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Updated over 17 years ago,
Need input on how to finance
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.