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All Forum Posts by: Andrew Stimpfle

Andrew Stimpfle has started 2 posts and replied 3 times.

Yes, it is occupied and I was already paying 12% for the construction loan. I cant imagine a bridge would be that much worse.

I own a single family rental in that is currently on a rehab loan product that is maturing in September. I am less than 50% ltv on the project and am looking for a dscr/bridge/private loan to swap out my first loan. Please let me know if anyone has any lenders that would do something like this without taking personal credit into the equation.  Thank you.

Hello Team,

I have a mixed use multi family under contract where the seller is going to hold the 25% down payment in the second position(seller take back.) Does anyone know any banks in the Philly area or elsewhere that will do this?

thank you,

Andrew