Rehab Owner Occupied Looking For Lender Fast
Hello, I have a property tied up that I will live in as OO. It is valued at. 1.2 I am getting it from the bank at 850 I am looking for a lender to work with to assist on the deal that can really close. I will ref I in 24 most I will do the rehab work.
When was the property last appraised?
Hello;
The property was last appraised at 1.0. I am going to get another appraisal and with that I am going to request a after repairs estimate which I hope comes in at 1.2.
I would also be willing to do a equity share or even a lease back in 12mos. I am confident that after repairs It will come in at 1.2-1.4
In order to get financing on properties, the appraisal needs to be within a 6 month period. Do you have that?
Close. Picked up a frontloader washer/dryer combo for the misses. I am taking my savings and redeeming them for brownie points.
One thing that works very well for me on many of my projects is going to the post office and asking for a "Move In" packet. Inside there are coupons for 10% off from Lowes (Home Depot also honors them).
This can add up to quite a bit especially when you put a large order together of say $5000..
Kind of like Cyber Monday all year!
[addsig]