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Updated almost 5 years ago,

User Stats

82
Posts
27
Votes
Rob Krach
  • Lender
  • Chicago, IL
27
Votes |
82
Posts

First Deal Bought! After Rehab Lending Advice Needed

Rob Krach
  • Lender
  • Chicago, IL
Posted

Hi ALL!

Last Thursday I closed on my first property, it will be an owner occupied two flat in Chicago.

I am a little early on this as the anticipated end of rehab will be around May / June but I wanted to get a jump on this and ask if anyone knows of lenders who will do an 80% LTV loan on a primary residence two flat. I keep getting told that 75% is the max and that just means I haven't found the right lender.

Any help or referrals would be greatly appreciated!

Thanks,

Rob

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