Rehab and New Construction Help on Apartments

Financing, Hard Money Lenders, Private Money
1

I have two different scenarios I need where I need assistance.

  1. Apartments need rehab. Owner financing deal. How or where can I get money to finance the rehab work?

2.Apartments are half done. Owner financing. How do I obtain financing to finish the other apartments?

Thanks

2

How much paper is the seller holding? How are these deals structured? Then we can offer some advice.

3

Thanks jbaldwin for responding.

On first property, the seller is holding 1 million. Our plan is to refi and hold once we rehab and have 80% occupancy.

On second property, the seller is holding 500K. Plan is to finish construction, refi and hold.