Financing in Chicago>Question Details

Tony Snow, Both Buyer and Seller in Chicago, IL

how can i get a rehab loan with bad credit?

Asked by Tony Snow, Chicago, IL Sat Apr 7, 2012

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5
Hi Tony It all depends on the property, how much rehab does it need, how much did you pay for it and what is the Exit? Give me a call on Monday and we can discuss in further detail.
773 789-9380 ext 523
0 votes Thank Flag Link Sun Apr 8, 2012
will do thanks
Flag Sun Apr 8, 2012
You probably cant, but you can talk with a lender to put you on a credit repair program.
0 votes Thank Flag Link Sun Apr 8, 2012
Depending on how bad is bad. You can read my article and make that determination.

Best of Luck!

http://www.trulia.com/blog/george_raymondo/2011/03/buying_a_…
0 votes Thank Flag Link Sat Apr 7, 2012
...or get a private loan from the family/friends network.
0 votes Thank Flag Link Sat Apr 7, 2012
thanx., but no family and friends
Flag Sat Apr 7, 2012
Equity based funding. you will need to have some of your own cash, but the programs are available.
http://qualityfundingsource.financial.officelive.com/lending…
0 votes Thank Flag Link Sat Apr 7, 2012
oh , its paid for.
Flag Sat Apr 7, 2012
thanx for your help.. how much cash do u think i might need? i have a multi-family 2 unit, in need of a gut rehab
Flag Sat Apr 7, 2012
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