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Updated 11 months ago,
Are Lenders Warming up to TIC purchases for the end user?
I worked with people here in Los Angeles that buy and refurbish properties for Tennent In Common or TIC sales and exit strategy. They had a tough time with people having opinions on gentrification and TIC. However, TIC is a real way people can buy in these neighborhoods at 1/2 or 1/3 the normal entry price
Are any Lender open to working through the full strategy of investing with the remodeler and then being prepared to finance the individual home buyers as well?
Thanks!