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Updated over 9 years ago, 09/02/2015
Loan on non-permitted structure
Hello BP community, I have a question and would love some feedback from you pros.
The quick story is this: I work as a RE agent here in CA and have a buyer who wants a 650k property that has a non-permitted home on it. He has 40% cash to put down and has the cash to buy the permits once he owns the property.
Who would you recommend going to for the short term loan?
I am currently working on making sure that the home will be able to get permits once the buyer takes ownership. Any advice?
Thanks,