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Updated over 5 years ago,

User Stats

6
Posts
2
Votes
Benjamin Mensah
2
Votes |
6
Posts

Financing tips for first time buyer

Benjamin Mensah
Posted

I am a college looking to buy a triplex for rental, 8 beds 3 baths. I have about 30k saved up; enough to purchase the house in cash. But it needs major renovation, about $50-60k on the renovation. I am also a licensed contractor in NYC but due to school, my income is not consistent as required from the banks and lenders. Can anyone share ideas and thoughts on ways of acquiring a loan for the renovations?



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