Is there any ARV (After Rapair Value) Lenders/Funders out there????? - Posted by Tony James

Real Estate Investing
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Posted by Robert M. Campbell on February 16, 2000 at 24:22:20:

How about getting a $25,000 FHA Title 1 loan.

You could structure it with a high interest rate to keep your costs to an ABSOLUTE MININUM.

Then, after you have completed most of the repairs, get a larger conventional loan to pay off the Title 1 loan and finish the project.

Your loan costs would be kept to a minimum.

Robert M. Campbell
Mortgage Broker / San Diego, CA

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Is there any ARV (After Rapair Value) Lenders/Funders out there??? - Posted by Tony James

Posted by Tony James on February 15, 2000 at 21:51:14:

I have a property I own free and clear. It has Fire Damage and I want to get money to fix it up to bring it up to it’s value…ANY ADVICE? It will be worth $100,000. I want to put 40k into it.