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Updated about 5 years ago,

User Stats

603
Posts
130
Votes
Adam Craig
  • Investor
  • Cleveland, OH
130
Votes |
603
Posts

Need financing advice for friend looking to buy a cabin.

Adam Craig
  • Investor
  • Cleveland, OH
Posted

A friend of mine came to me for some loan advice and I wasn’t sure where to send him. He wants to buy a cabin in PA where he goes all the time for fishing. Asking price is 40K. The cabin has electricity and water but it does not have a bathroom so he cannot find traditional financing as a second home.

He is excellent on paper. He owns a condo and has a long standing good paying job and excellent credit.

Any ideas on where he should look for financing? 

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