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User Stats

4
Posts
2
Votes

Mixed Use Investment Property Face Lift in New Hope PA Financing

Posted

Hello,

Is there a way I can finance my building's face lift in New Hope without taking a traditional loan?

I am interested in learning more about creative financing for this opportunity.


Best,

YbC

User Stats

22
Posts
12
Votes
Colin Ushkowitz
  • Investor
  • Pennsylvania / New Jersey
12
Votes |
22
Posts
Colin Ushkowitz
  • Investor
  • Pennsylvania / New Jersey
Replied

Depends on the scope of work. If it's just exterior, it shouldn't be a crazy amount of money. You can probably get a line of credit for your business and use that if you don't want to front the costs. The interest rate will probably be high. Maybe you can use private money too. At least there you have more power for negotiation. 

User Stats

4
Posts
2
Votes
Replied

Hi Colin,

Thank you for the advice. I am looking into private money now more seriously. Have a good day ahead.


Best,

YbC

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User Stats

20
Posts
6
Votes
Armstrong Maignan
  • Realtor
  • Philadelphia, PA
6
Votes |
20
Posts
Armstrong Maignan
  • Realtor
  • Philadelphia, PA
Replied

Curbio may be able to help out. They specialize in getting paid on the backend after a home is sold. Perhaps they're also open to some financing solutions as well.



Pre-Listing Home Improvements - Curbio - Curbio

User Stats

21
Posts
12
Votes
Jeff Henderson
Contractors
  • Contractor
  • Philadelphia, PA
12
Votes |
21
Posts
Jeff Henderson
Contractors
  • Contractor
  • Philadelphia, PA
Replied

contact @Mike Klarman, he will be able to help find you the best options.

  • Contractor Pennsylvania (#PA193550)