Updated over 8 years ago on . Most recent reply
SC Community Loan Fund
Has anyone ever used the SC Community Loan Fund for financing a purchase and rehab? I'm trying to get a property under contract here in Charleston South Carolina that will need about $200k in rehab and I'm in search of funds. It's 10 units and 6 of them are not livable in their current condition and have set empty for about 3 yrs. Thanks to Carolyn Lorence for telling me about this method but I was hoping someone has had experience with it? I will be talking with a loan officer from them on Monday.
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I just looked it up and would be interested to hear from others who have used the program as well. Please update us with any info that you get from the loan officer.