@Susan Tan you may also have lending options in the Houston area that offer 100% LTC financing for rehab projects.

If that doesn’t work, then on to another option.

Many carriers are including exclusions for GC commercial general liability coverage and professional liability coverage for engagements involving condos and even stricter exclusions when dealing with conversions.

If no response contact the State Banking group and get them involved.  

I’m not sure what is the best option here, if anyone could shed some wisdom that would be immensely appreciated. 

We estimate the project will take less than 3 months to complete.I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.Thank you in advance for your insights and assistance!

Yes, but you should really be involved at the outset.  

No agents involved.

I was just hoping to transition it into LTR and since we have newer furniture that fits the space well, it just seemed a shame to sell it all to do an unfurnished LTR, but again, I'm having a hard time understanding how logistically some of the details are worked out with that with furniture involved in an LTR.Thank you again for the support!

I'm an investor and mortgage broker and have options for loans that go as low as $75,000 and down payments as low as 15%, which makes it easier to stay above $75,000.