Lender offers roughly 80% - 90% of loan and you pay no lender/broker fees or monthly interest until you do the backside close. Bring just the downpayment and title co/attorney fees to close.
Typical 90% of purchase price 100% of Rehab capped at 70-75% of ARV. Terms and rates vary based on borrowers experience and credit. 600 FICO and above, Average purchase above 75K.
For the borrower who intends to buy and hold as a rental.
Find a property in an area where vacation rentals are all the rage? This one is for you
If you are building your rental empire this is the loan you need - 5,7,10 and 30 yr fixed fully amortized loans. Cash out ReFi's available as well