Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 4 months ago, 09/16/2024

User Stats

111
Posts
70
Votes
Andrew C.
  • Investor
  • SE Wisconsin
70
Votes |
111
Posts

looking for lenders who would loan on a rent-a-room student housing property

Andrew C.
  • Investor
  • SE Wisconsin
Posted

Am penciling out a property and trying to see what our loan options are.
Post rehab, the property will be a 4bdrm 2 bath house, that's a few blocks from a college in southern WI, USA.
Would be rented to 4-6 college students (# TBD). These would be separate 12-month leases.

I'm looking for lenders willing to do a cash-out refi on this (we'd purchase and fund the rehab in cash. est purchase price 90k. rehab 60k. ARV 200k). Any suggestions on who to call?

Looking for

Loading replies...