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Updated over 6 years ago on . Most recent reply

User Stats

50
Posts
11
Votes
Alexander George
  • Rental Property Investor
  • Greater NYC Areas, NY
11
Votes |
50
Posts

Renovation Loans and Mortgages for a SFR on Long Island

Alexander George
  • Rental Property Investor
  • Greater NYC Areas, NY
Posted

Hey BP Community!

I found a great SFR in Suffolk County, Long Island, NY that needs work. I have been reaching out to various lenders, but the response has been consistently, "I don't work with those products, sorry." What are my options for products such as the 203k or HomeStyle loans?

1. Are there other products with similar specs (covering the renovation/build)?

2. What are some local lenders that offer these products?

Thank you.

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