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Looking to finance rehab and sell projects we already own cash and have already repaired?

Posted on: 27th Dec, 2010 09:12 am
We are a Real Estate Investment company we have about $2,000,000 of our own money in the company. We currently own 9 properties cash valued at about $1,500,000 and 10 properties we have a 75% LTV with. We fix up all the homes and sell them within about 120 days. We are just looking to buy more projects however we are unable to find conventional financing but we are open to other options.
Hi Bryan!

Welcome to forums!

It will be difficult for you to get conventional loans as there are limits on the number of properties for which you'll be able to get a loan. You should contact lenders offering personal property loans and check out if they can help you in this regard.

Feel free to ask if you've further queries.

Sussane
Posted on: 27th Dec, 2010 10:15 pm
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