Without knowing how much of the renovations you were planning on doing yourself over time versus how much you were wanting/needing to finance up front, you would also want to talk with potential lenders about what loan products they have which could incorporate both the purchase price as well as the reno costs into the loan package.Hope this info helps get you pointed in the right direction - definitely keep us updated as you move forward with this project though!

Usually it is best to just purchase it in your name.

Purchase price: $200,000 Cash invested: $27,495 Sale price: $306,340 This project was a very interesting one!

In contract to purchase a CFD in MO.

As I prepare to use an FHA loan for my first multifamily investment, I've become concerned about the extensive repairs that can accompany purchasing an older model.

I am a Realtor in Florida.I've flipped multiple lots (completing the purchase in my name, then selling).

Initially we were set on purchasing a Primary Residence again, single family or townhome within reach of my sons school and continuing life as usual, but feel like we are slightly priced out of the market we want and areas we need to live. 

Purchase price: $500,000 Cash invested: $100,000 Looking to invest in a 16 unit apartment building and looking for insight on this site.

Interested in purchasing a vacation home in downtown Seattle.

Purchase price: $200,000 Cash invested: $27,495 Sale price: $306,340 This project was a very interesting one!