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Updated almost 7 years ago on . Most recent reply

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9
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1
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Samuel M.
  • NEW WINDSOR, NY
1
Votes |
9
Posts

Purchase and repair loans New York

Samuel M.
  • NEW WINDSOR, NY
Posted

I am interested in purchasing residential multi-family homes in the Hudson Valley and am looking for homes that are in complete need of rehab. Can anyone recommend any Lenders here in the Hudson Valley region that offers purchase and repair loans?

Most Popular Reply

User Stats

48
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23
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Will McGuire
  • Real Estate Investor
  • Newburgh, NY
23
Votes |
48
Posts
Will McGuire
  • Real Estate Investor
  • Newburgh, NY
Replied

I have been looking for similar properties in the Hudson valley as well. I have found PrimeLending to be the easiest to work with this far. However they (and a few other lenders that I've spoken to) have told me that their rehab loans are only good one 1-2 family properties - which is something I was previously unaware of. 

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