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Updated about 9 years ago on .

User Stats

78
Posts
35
Votes
Dawn Curry
  • South Jersey
35
Votes |
78
Posts

Construction loan for commercial properties?

Dawn Curry
  • South Jersey
Posted

Hey BPers..

I constantly have random questions/different scenarios popping up in my head and I wanted to hear from you all..

Have any of you ever used a construction loan to purchase a property to fix up to rent? In other words, if HELOCs, hard money lenders, etc were out of the picture.. have you used a construction loan to fix up (to bring up to code/become livable) for a future rental property?

Ps... Does anyone know how to edit the title to this post? I didn't mean to put "commercial"