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Updated about 4 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Pittsburgh, PA
  • Member since Aug 5, 2020
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Agent
  • from Pittsburgh, PA
  • Member since Aug 5, 2020
Connect
Account Closed
  • Real Estate Agent
  • Pittsburgh, PA
51
Votes |
111
Posts
Pittsburgh Real Estate Forum

Financing a commercial rehab loan

Account Closed
  • Real Estate Agent
  • Pittsburgh, PA
Posted

Hello BP!

I have a client who is looking to purchase a triplex in cash. While this property needs a significant amount of cosmetic rehab as the plaster has all been removed, renovating 3 units would be a pretty costly. I was curious as to what you would recommend. Buy in cash and then refi for 80% of value, or to look into creative financing? 

Pittsburgh, Pennsylvania
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