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Financing on Barndominium
Looking for advise on lender (private,crowfunding, or hard money) and types of loans that might fit my personal interest
Barndo on 40 acres (Texas)
I have paid out of pocket for the metal barndo shell ($72K) and need a loan to finance the rest of the project:
septic
H/AC
electric
insulation
framing interior/sheetrock
I am looking for a loan around $55,000 to $60,000
Value of my finished home and land : $485 to $500K
I have a loan on the land at $88k and the value of it is $340k
I had to put some of the project on credit cards so the loan I need is to finish out and pay off some of the construction on the credit cards.
Any advise---my credit went down since putting some of the construction on credit cards