Rehab Loans – They have been getting tougher to obtain, but they are still out there.
If you are a high quality borrower we have a lender doing a very attractive rehab loan.
For primary residences and investment properties.
Either Full Income Documentation or Bank Statements OK
We just helped an owner/builder close on a construction loan. He was able to use the existing equity in his lot and get his construction loan with minimal money out of pocket.
This can work for good credit investors with stable income – so if you need to find a partner, we still have aggressive loans for rehabs.
You can use after repaired value (up to 80%) and only need 5% minimum cash investment.
This is NOT Hard Money – Rate on loan we just closed was 6% Interest – Only (Prime +1)!
Call 954-217-9518 today to see how this can work for you.
Tags: RehabLoans, Real Estate, Mortgages