I want to start rehabs. I have $5000 in cash and 643 credit score. What are my options to get a financing?
It all depends on your business plan, and the risk reware you're locking for. How expensive a property are you looking at? run some simple calcs as a 80, 90, and 100% loan and how that plays into your front and backend rations.
It all depends on your business plan, and the risk reware you're locking for.
How expensive a property are you looking at?
run some simple calcs as a 80, 90, and 100% loan and how that plays into your front and backend rations.