line of credit??

Let me keep it simple… basically i want to take out a line of credit on the same property that im rehabbing to fix it up.
Is that possible?

you can cash out with the right program if you own it already. If you are purchasing, FHA 203k and various other renovation and rehab loans are available to you!


Jason Shane

yes, but you have to get a lender willing to look at the “after repair value” ARV, not the current value of the property in it’s current condition.

Of course! I would’nt post it if that wasn’t the case. FHA203k is just that there are some other programs available but they are company specific, and geared more for multi unit and investment properties