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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceWhat are the pros and cons of doing a renovation mortgage?
David Cohen's profile image
David Cohen's profile image
David Cohen
  • Investor
  • from Decatur, GA
  • Member since Jun 11, 2014
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David Cohen's profile image
David Cohen's profile image
David Cohen
  • Investor
  • from Decatur, GA
  • Member since Jun 11, 2014
Connect
David Cohen
  • Investor
  • Decatur, GA
16
Votes |
56
Posts
Private Lending & Conventional Mortgage Advice

What are the pros and cons of doing a renovation mortgage?

David Cohen
  • Investor
  • Decatur, GA
Posted Aug 14 2014, 13:15

I am interested in doing a fix and hold on a property, but I was told I'd have to get a renovation mortgage. It seems simple enough, but I've never done one before.  What is the up- and downside?

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