If you are handy with any of the trades then you can also put in some added equity into the property through
small rehab projects.
I have been involved in many facets of RE for the past 30 years from
small rehab projects as a general contractor to a commercial property conversion of a summer rental cottage colony into a homeowners association.
Not exact matches
Drawbacks: The minimum amount you can borrow through Fundation is $ 20,000, so it's not ideal for very
small renovation or
rehab projects.
We think it would be a fun
project to
rehab it with a combination of salvaged materials, upgraded basic services, and a few luxury finishes because, of course, in a very
small space, even luxurious touches are affordable.
Eyzenberg has seen a couple of recent situations where
project rehabs have taken longer than expected, and the borrowers wanted to do a
small cash - out on the improvements and value that had been created.
Specializing in investment property and
rehab / renovation
projects, no deal is too
small for Dave to bring his attention to detail to facilitate a smooth transaction.