mcallister: Prepping Properties for ‘Wholesale’
- 04/17/11 02:46 AM
Prepping Properties for ‘Wholesale' Most of the time we are able to sell properties out right to another investor, as-is. Sometimes however, we have to put some additional cash and work into a property to help the buyer / investor purchase it. Here are a couple of ways we have done this.
The "Pre-Hab" We have completed "pre-habs" on occasion where we have put limited finds into a project to help an investor or buyer obtain the appraisal they need for their preferred financing. Pre-Hab is just a term we use implying that we are making minimum rehabilitation (2 comments)