Rehab loans or what some would call Renovation Loans have been around forever. TV shows like Flip this House and numerous other TV programs have recently made these types of loans more common to the average Joe and have more people asking "What is a Rehab Loan?" Most conventional lenders will not finance on property that needs a substantial amount of work. Rehab loans have filled some of the needs especially to investor type buyers with numerous bank-owned and distressed properties flooding … [Read more...]