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All Forum Posts by: Jaimese Morris

Jaimese Morris has started 1 posts and replied 1 times.

Rehabbing & House Flipping

Post: Rebab Costs for Non owner occupied

Jaimese MorrisPosted
  • Posts 1
  • Votes 1

Hey, 

So I have my Eyes on a property for a very low acquisition price. I can buy it cash tomorrow with no issue. Where the issue comes in is the Rehab costs. I will need about 70k to rehab the property and I can buy it at about 30k. The ARV for the property fully rehabbed is about 175k. So the margins work.
Only issue is I am having a hard time trying to secure the rehab costs. Any ideas on how I can go about this. Or does anyone worth with a place that will fund this type of deal. 

All answers welcomed 

1 Vote
Wilkes Barre Scranton, Pennsylvania