Hi, do you have any sources for long-term funding after the rehab? I have a house in the Balt area. I did not have it appraised yet but assuming it comes in at $45K, an 8% loan would be $36K. Everyone I know of has a floor of $40K on their loans. It is in Balt City and is ready to rent.
Re: Private lenders in MD,DC, & VA - Posted by Bob Beckman
Posted by Bob Beckman on March 05, 2002 at 16:13:20:
Can you be more specific about the areas that you are looking at? Prince George’s County, Montgomery County, Baltimore, Arlington, VA? Are you looking for multi-units or single homes? I loan in all of these areas, but would like to know more about your strategy.
Thanks,
Bob Beckman
Rehab Funding