Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Landlording & Rental Properties
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 about 6 years ago on . Most recent reply

User Stats

231
Posts
12
Votes
Eli M.
  • Investor
  • Brooklyn, NY
12
Votes |
231
Posts

Rehab/construction loan in Philadelphia

Eli M.
  • Investor
  • Brooklyn, NY
Posted

Dear BP community,

I was wondering, if anyone of you could recommend an honest and reliable lender for a rehab loan in Philly?

Thank you all in advance,

Eli K.

Most Popular Reply

User Stats

164
Posts
54
Votes
Bobby Montagne
  • Fairfax, VA
54
Votes |
164
Posts
Bobby Montagne
  • Fairfax, VA
Replied

@Eli M. Walnut Street Finance lends in the Philadelphia area. You can view our ratings as well or check out or testimonials section of our website to get a sense for the experience we've provided for our borrowers.

We finance 100% of the closing costs, we set aside a 6-month interest reserve so that you're not making interest payments the first 6 months, we finance 100% of your rehab/renovation budget, and we can close as quick as 5 days (we've even done it in 3). We look at all of our deals as a partnership with our borrowers. We've even attended over 50% of the closings of our loans to make sure our borrowers were comfortable with everything.

Loading replies...