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Updated over 9 years ago on . Most recent reply
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Conventional Loan on Older House
Does anyone know of a lender (other than hard money) who would lend on an older house?
I purchased a house in Miami built in 1925 in my retirement account. I would like to get it out of my retirement savings and get a permanent loan on it. The house is a SFR within a multi unit zoned are. It is a 4BR/3Ba house with 3 renters. It had been rehabbed with permits including electrical permits 4 years ago. I make a good cash flow on this property.
Please let me know if you know of any suggestions. Thank you, Margo