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04-04-2024, 11:00 AM #10
There is a company that does so called rehab loans on primary residences
You need rehab invoices for internal rehab to your home.
Replace windows, install HVAC, etc...
The invoices need to be confirmed by the lender.
Funds are then deposited into your personal account.
You get bills from the bank for each invoice and make several payments a month to the bank per invoice.
There is no UCC filed
You do not have to have the work done...you can use the funds for working capital for your business.
That's probably the program they are referring to.
It exists but it's kinda sketchy.Last edited by Olderguy; 04-05-2024 at 12:48 PM.
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