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Updated over 6 years ago on . Most recent reply

User Stats

86
Posts
14
Votes
Damian Baynes
  • Investor
  • Brooklyn, NY
14
Votes |
86
Posts

Financing to purchase and renovate a mixed use bldg

Damian Baynes
  • Investor
  • Brooklyn, NY
Posted

Hello Everyone,

I’m looking at a mixed use building that has a storefront on the first floor and the upper floors has two apts. The entire building is vacant and needs work and I’m wondering is there a way to finance the purchase and renovation, similar to a 203K loan, however it will not be owner occupied. Looking forward to all your feedback. 

Thanks 

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