Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago on . Most recent reply

Securing a rehab loan against future military retirement?
Is it possible to secure a rehab loan against future ( 5 years until I start to collect retirement) military retirement benefits? I own a mixed commercial property that I need to finish rehabbing.
I was supposed to be on active duty orders for the next 6 months, but my paper work was stuck on someone's desk for a month, so now my orders are pushed back until October. It would be more profitable for me to rehab my own building instead of looking for a temporary job until October I have not had any luck convincing a bank to offer me refinancing while I'm unemployed
Any advice on securing a loan against future retirement benefits would be welcome