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Updated over 3 years ago, 03/22/2021

User Stats

36
Posts
33
Votes
Amber Boskers
  • Rental Property Investor
  • Scottsdale, AZ
33
Votes |
36
Posts

Chinese Drywall Remediation/ Lending Question

Amber Boskers
  • Rental Property Investor
  • Scottsdale, AZ
Posted

A residential property we are interested in has confirmed Chinese Drywall. We were told no lender would finance the property with a conventional/jumbo loan to purchase it because of the risk. There is alot of potential in this house.. If we can't finance it upon purchase, then would we be able to successfully finance it AFTER we purchase with cash and remediate it?