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Updated over 5 years ago,
Construction Loan then Refinance as Rental
I have a village lot in WNY that I am considering building a SFR and then renting it out for about three years. So I would need a construction then refinance loan. Any recommendations on lenders that would consider this type of deal?
I would be doing some of the work myself and would be looking at a loan of around $70k. I already own the land.
Thanks.