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Updated almost 6 years ago,

Jared Bourjolly's profile image
Jared Bourjolly's profile image
Jared Bourjolly
  • Accountant
  • from Philadelphia, PA
  • Member since Aug 14, 2017
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User Stats

18
Posts
2
Votes
Jared Bourjolly's profile image
Jared Bourjolly's profile image
Jared Bourjolly
  • Accountant
  • from Philadelphia, PA
  • Member since Aug 14, 2017
Connect
Jared Bourjolly
  • Accountant
  • Philadelphia, PA
2
Votes |
18
Posts
Pennsylvania Real Estate Q&A Discussion Forum

Looking for a Construction To Perm Loan on a Multifamily

Jared Bourjolly
  • Accountant
  • Philadelphia, PA
Posted

Hi BP team,

I'm looking to possibly purchase a lot of land in Philadelphia that is zoned for duplex. Ideally I'd like to live in one unit and rent the other once construction is complete. Does anyone know of any lenders in the area who can help me finance this? Or should I consider a normal construction loan at 75-80% LTV then refinance into a conventional after construction?

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