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Rehab today….. Ensure a better tomorrow
Interest rates today are at the lowest they’ve been for many years due to demand being higher than supply. As a result, many small business owners are purchasing homes that need to be renovated/rehabilitated before the selling of the property. This, as all investors know, is called the “fix & flip”.
Another practice among investors is called the “fix & hold”, which is the act of renovating space in order to repurpose it. For example: You invest in a “commercial” property which you need to convert into an attractive and functional office space. The “fix & hold” loan can provide you with the finances needed to make those changes, allowing you to create income from the renting of the property. These loans are commonly called “Rehab Loans”. As the name suggests, “rehab loans” are solely for renovation of the property owned by the investor.
Some of the “construction” services addressed by the utilization of the “rehab loan are:
When considering options for the acquiring of a “rehab loan”, consider RB Solutions, because…”RB knows best”
Click here to experience the RB Solutions’ financial transformation framework