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Updated over 9 years ago on . Most recent reply
Need HELP!!! Over budget and running out of money!!!!
Due to significant structural issues, my renovation is over budget and I'm running out of funds. What was a bathroom and kitchen job turned into a major reframing. I need another $25k to complete the project, and I have already been declined by Lightstream and my credit union any advice on what to do?
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
they are worried about subs not being paid and mechanic's liens showing up after the fact. this is why we never touch half done houses. to much risk on the lenders side with unknowns.. but if its free and clear yoiu should find someone... Its those that have no equity that really have a problem
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners