Rehabbing

I am new to the game. I have researched multiple neighbor hoods and zeroed in on one. I feel I have did my home work and now it is time to step out the door. Where I need help though is your opinions on financing. In my current situation it appears that using a hard loan lender may best. Does any one have any suggestions or recommendations?
Thank you for your help

Comments(2)

  • HouseHuntersUSA26th February, 2004

    I'd need more information to be specific, but here are a couple things you may wish to consider....

    What are your goals? Are you trying to flip a property? If you are buying and holding a hard money lender is not the best way to go.

    Maybe educate yourself a little more -- John Lock has a great course on sub-to financing in which case you wouldn't need a hard money lender.

    There are several creative financing options available out there -- you may wish to explore your options before jumping in. Hard money lenders are generally the most expensive option.

    Best wishes on your investment.

  • walkinv26th February, 2004

    Thank you for the advice. I will look into puchasing John's material. I am currently enrolled in a 10 week mentorship program. This is driving nuts though. We do not get into financing until next week.
    I do just plan on fixing them up and selling them. At least for now.
    Thanks again

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