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Updated about 3 years ago on . Most recent reply

User Stats

30
Posts
8
Votes
Davis Stoner
  • Investor
  • NE PA, N. NJ
8
Votes |
30
Posts

Construction Loan NEPA

Davis Stoner
  • Investor
  • NE PA, N. NJ
Posted

Hello, I am looking for a construction loan and have read different opinions on these. Before reaching out to a bunch of lenders I wanted to see if anyone has any experience with them in the NEPA market and if they had any recommendations on where to get one?

I have experience rehabbing 2 apartments, which are almost completed. Once those are done I am going to refinance and pay back what I borrowed. 

This property was owner financed with a low downpayment. We closed last week on it so I am the owner of it now, and last time when I tried to use hard money it did not work because I already was the owner. 

Thanks for reading! 

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