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Check out this rehab.

polizzzz profile photo
  • Sunday, May 25, 2003 @ 11:20 PM EDT
  • 4 Comments

I own property in Reidsville, NC that has a good deal of equity but needs some rehabbing. I'm want to find a rehabber to wholesale the deal to but I'm new to the area and don't know any local rehabbers. Anybody interested? Advice?

Thanks,
James
wink

Comments(4)

  • no photo
    DavidBrowne25th May, 2003

    Hey,
    The best I can think of is put the entire job to bid with a remodeler. someone will low bid for a temp. steady gig.

    Please let me know how you make out
    Thanks

  • no photo
    DavidBrowne25th May, 2003

    Hey,
    The best I can think of is put the entire job to bid with a remodeler. someone will low bid for a temp. steady gig.

    Please let me know how you make out
    Thanks

  • no photo
    polizzzz25th May, 2003

    Hi David,
    Thanks for the advice. Question: how do I go about putting the house up for bid with a remodeler? and what exactly is a temp?

    Thanks,
    James

  • no photo
    czjaba25th May, 2003

    Do you live in the property, or non-owner occupied? The difference is how much you could borrow against your equity. I would call a contractor for a free estimate for repairs. After you get the estimate, find out how much the house would be worth after repairs. That should tell you how much you could sell the house for.
    Hope this helps.
    ~Czjaba~

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