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Updated over 4 years ago on .

User Stats

24
Posts
8
Votes
Alex Clifton
  • Investor
  • Benton, AR
8
Votes |
24
Posts

Construction Loan Lenders

Alex Clifton
  • Investor
  • Benton, AR
Posted

We are looking to purchase a foreclosed home that needs renovations to use as a primary residence. What lenders on BiggerPockets can do a one-time close construction loan?

We are already working with two lenders but, would like to shop around on closing costs and to see if another lender has a better loan program.

Details:Purchase Price is 283k, rehab is 45k, ARV is 385k on the low side.

Property located in Arkansas

Credit Score 740+

Looking for