Triplex in Florida/Disrepair-Need Help w Financing & Insurance

8 Replies

Hi there BiggerPockets community! Any suggestions to finance and insure a triplex in Palm Beach County, Florida that is in disrepair? The ceiling is falling down from an upstairs bathroom leak and won't qualify for conventional financing. Thanks!

Hey @Janet Cordero I have a few private money lenders that can help you get into this deal. Some private lenders will even finance the renovations. I would be happy to help. 

@Patrick Prunty This one is for a client on mine and we are in negotiations now. He is pre-approved for conventional financing and this property doesn't qualify for it so reached out to see where we can get it financed. I'm looking for the requirements on this type of loan. May or may not use repair money in the loan depending on guidelines.

Thanks so much!