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All Forum Posts by: Krystal Goode

Krystal Goode has started 3 posts and replied 11 times.

Private Lending & Conventional Mortgage Advice

Post: Need Funding Rehab Money Advice

Krystal GoodePosted
  • Lanham, MD
  • Posts 11
  • Votes 6
Hi there, I'm a newbie seeking to score my first deal in 2018. I live in PG County Maryland. Right now, my goal is to save $12k more for a down payment on a SFH that I will not live in. I plan to buy in a blue-collar neighborhood with a conventional loan expecting to put at least 20% down. My question is if I only save up for the down payment - how can I fund the rehab costs? Is it common for investors to borrow that money from the bank too? What is some advice for how to cover the rehab?
0 Votes