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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceRenovation Loans and Mortgages for a SFR on Long Island
Alexander George's profile image
Alexander George's profile image
Alexander George
  • Rental Property Investor
  • from Greater NYC Areas, NY
  • Member since Aug 18, 2014
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Alexander George's profile image
Alexander George's profile image
Alexander George
  • Rental Property Investor
  • from Greater NYC Areas, NY
  • Member since Aug 18, 2014
Connect
Alexander George
  • Rental Property Investor
  • Greater NYC Areas, NY
11
Votes |
50
Posts
Private Lending & Conventional Mortgage Advice

Renovation Loans and Mortgages for a SFR on Long Island

Alexander George
  • Rental Property Investor
  • Greater NYC Areas, NY
Posted Aug 15 2018, 14:42

Hey BP Community!

I found a great SFR in Suffolk County, Long Island, NY that needs work. I have been reaching out to various lenders, but the response has been consistently, "I don't work with those products, sorry." What are my options for products such as the 203k or HomeStyle loans?

1. Are there other products with similar specs (covering the renovation/build)?

2. What are some local lenders that offer these products?

Thank you.

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