New whosaler and rehaber in Texas. Needing guidance on 1st deal. Here's the deal.
Low end foreclsure $45K Comps sold within 3 months show $75k. Rehab cost is $10K-$12K. I have pre-approval through conventional loan programs to cover purchase. Is there a program to get just the rehab costs financed? Where can I go? Is using hard money better to use for both the purchase and the rehab costs?
Alex, sounds like you were dealing with people who weren't able to come through for you as this sort of transaction was out of their league. I'm not saying it is within my personal realm either, but I'm a member of a Christian businessman's organization which has some heavy hitters as members. It's possible I could connect you with the right people but would need more information first. Your post says to see your personal info to contact you but none was available when I checked your profile. If you'd like to discuss this further, you can contact me through my profile info. In any case, good luck with your endeavors, Jeff B
New whosaler and rehaber in Texas. Needing guidance on 1st deal. Here's the deal.
Low end foreclsure $45K Comps sold within 3 months show $75k. Rehab cost is $10K-$12K. I have pre-approval through conventional loan programs to cover purchase. Is there a program to get just the rehab costs financed? Where can I go? Is using hard money better to use for both the purchase and the rehab costs?
Alex, sounds like you were dealing with people who weren't able to come through for you as this sort of transaction was out of their league. I'm not saying it is within my personal realm either, but I'm a member of a Christian businessman's organization which has some heavy hitters as members. It's possible I could connect you with the right people but would need more information first. Your post says to see your personal info to contact you but none was available when I checked your profile. If you'd like to discuss this further, you can contact me through my profile info. In any case, good luck with your endeavors, Jeff B
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