Joplin Area Real Estate Investor Association

Author: Melissa Shea (1 articles found) - Clear Search

Rehab Loans for Real Estate Investors: Mistakes and Solution

Long Island Real Estate Investors Association


Rehab Loans for Real Estate Investors: Mistakes and Solutions

Looking to invest in real estate? Rehab loans can be a great way to get started. These loans allow you to purchase a property and make repairs or upgrades before putting it back on the market. The most important thing is to learn from the mistakes of others and not make them yourself. Here's what you need to know about rehab loans, the most common mistakes made when getting a rehab loan, as well as how to avoid them. Read on to learn more!

Most people think of a fixer-upper when they hear the term rehab loan. However, this is not always the case. A rehab loan can also be used for new construction or purchasing an already renovated property, provided that it still needs some work to get it into marketable condition. Here are some common mistakes of Rehab Loans. 

The Most Common Rehab Loan Mistakes Include: 

  • Using Your Credit Score for A Commercial Project.  

It's easy to think you'll just put the same credit score you would o