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Updated over 3 years ago on . Most recent reply

User Stats

102
Posts
48
Votes
Julie Hill
  • Denver, CO
48
Votes |
102
Posts

Do hard money lenders for MIXED USE ZONED properties exist?

Julie Hill
  • Denver, CO
Posted

We are under contract on an awesome mixed use zoned property that is currently a commercial office but we will be renovating it and turning into an STR (which is legally allowed under the zoning). This isn't an office building... it's a 1950's house (or should I say used to be a house before the zoning changed). We need a hard $ lender to help us with this renovation but everyone we've talked to so far (not many) say they ONLY fund on residential. The project is in the metro Denver area. I know referrals can't be written here (against the rules) but I'm just curious if this type of lender EXISTS. If they do, I'll spend hours tomorrow digging through the interwebs for leads. If not, we need to move on and figure out another way... TIA!

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