construction loan How did you add value to the deal?

If a HELOC isn’t an option, alternatives like a home equity loan, business line of credit, or a DSCR loan could work depending on your situation.

It’s a beautiful old house and would be a real gem if it was restored, but I don’t have the funds or a credit score good enough to get a loan that big (without an insane amount of interest tacked on).I’m hoping to turn someone on to it who loves restoring old properties, or start investing in a group that does and tell them about my house and invest as a team.

We buy defaulted loans and deal with this all the time.

@Bryan HarveyJust realize they provide high returns but it’s my understanding your investment is an unsecured loan.

Since I’m holding these properties for the long term (30-year loans), I’ll have fully paid-off assets around the same time I’d traditionally start withdrawing from my 401(k).

Conventional Loan

I have multiple lenders that can do 100% financing for your short-term rehab loans and long-term DSCR cash-out loan options to refinance and hold the property once it has been rehabbed.

HELOC, portfolio loan, or a strategic asset liquidation plan.

I got a PA for 300k/FHA loan. 720+ credit score, 75k cash, and good income.