Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

We are currently in a n escrow for a new home, our own to live in.

Quote from @Kristi Kandel: Helping LA Communities Rebuild After WildfiresWhen Hurricane Ian hit Fort Myers Beach in 2022, it changed our lives forever.

And not to long ago were the Florida and NC hurricanes.  

In your situation, I might investigate further to see if their credit was better before these hurricanes.

Whether or not you believe there will be drastic changes, we are already seeing increasing weather events with unusual patterns like the hurricane that whipped through Central (Inland) Florida in 2024.

It happened to coincide with Hurrican Harvey and we flooded during the rehab. 212 extended the HM loan without any extra fees for 4 months until December 31 2017.

It sounds like you've absorbed a bunch of problems already and a new sewer line and the current basement situation will cost you way less than the $50K in fees to sell it. 

As most know, this region was hit hard by Hurricane Helene.

Hey,I shopped some Ohio CU and found the 6.7% was the best for an investment property. Are there any lenders who are lower than this, I've been brokering myself. Closest rate I've gotten to this was a 7.2%.Thanks for ...