structuring buy/rehab city condo - Posted by Enda

Posted by Enda on August 06, 2003 at 16:58:41:

I found a unit in a large city complex 2B 2B that needs new bathrooms. Kitchen o.k. Price negotiated is 50K under last sale in building. How do I structure the deal so that I have money for rehab up front? Seller needs his cash asap.