All Forum Posts by: Chris Seveney

 The issue is you now want to live in it. If it was an investment property you could finance immediately but now that its owner occupied you will have to most likely wait. 

If your entire plan was to live in it, I would not have gotten a HML but worked with a lender on a renovation loan - as now you mine as well wait for your HML to mature (assuming 12 month loan) and refinance at that time.

If you go to get a HELOC, as investment most dont go above 60%

 I work with someone who I highly recommend. I cannot put contact information in a post so you can send me a message for their information

The house has no structural issues they are just upset that permit expired last fall and nothing has been done to property. 

@Michael Cosstephens lots of lenders would (we do) . It's really the deal you make with the seller to lock them up but buy them over a period of time

@Derek Bell correct 

If you ever have any NPL's let us know we would be interested

also right down the street from you

If you have any deals that you have trouble placing let us know as we are a balance sheet lender 

Send me a message we can work with that 

We are a balance sheet lender so we can fund lots of deals including those that are outside the box 

You do not pay income tax on bank debt. It's really no different when you get the loan against the properry

we work with a good commercial loan officer if you ever need a recommendation