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Updated about 11 years ago on . Most recent reply

Margo Roberts's profile image
Margo Roberts's profile image
Margo Roberts
  • Investor
  • from Pleasanton, California
  • Member since Nov 11, 2013

User Stats

59
Posts
13
Votes
Margo Roberts's profile image
Margo Roberts's profile image
Margo Roberts
  • Investor
  • from Pleasanton, California
  • Member since Nov 11, 2013
Margo Roberts
  • Investor
  • Pleasanton, CA
13
Votes |
59
Posts
Private Lending & Conventional Mortgage Advice

Conventional Loan on Older House

Margo Roberts
  • Investor
  • Pleasanton, CA
Posted

Does anyone know of a lender (other than hard money) who would lend on an older house?

I purchased a house in Miami built in 1925 in my retirement account. I would like to get it out of my retirement savings and get a permanent loan on it. The house is a SFR within a multi unit zoned are. It is a 4BR/3Ba house with 3 renters. It had been rehabbed with permits including electrical permits 4 years ago. I make a good cash flow on this property.

Please let me know if you know of any suggestions.  Thank you, Margo

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