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Updated 4 months ago,
Received an accepted offer but conventional mortgage will not work on this property
Hi All,
I received an accepted offer on a property but unfortunately was not able to find the funding in time. Conventional mortgage will not work as it is a commercial property turning into a residential with no active kitchen. Property is still on the market and I am sure if I can find the funds they would consider me again.
The property is going to be a challenge but since I don't have experience in investing I don't know if a hard money loan would work.
Any ideas in funding?
Thank you.