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Updated over 1 year ago on . Most recent reply

User Stats

45
Posts
16
Votes
Jason Meissner
  • Flipper/Rehabber
  • Pasadena, Ca
16
Votes |
45
Posts

Are Lenders Warming up to TIC purchases for the end user?

Jason Meissner
  • Flipper/Rehabber
  • Pasadena, Ca
Posted

I worked with people here in Los Angeles that buy and refurbish properties for Tennent In Common or TIC sales and exit strategy. They had a tough time with people having opinions on gentrification and TIC. However, TIC is a real way people can buy in these neighborhoods at 1/2 or 1/3 the normal entry price

Are any Lender open to working through the full strategy of investing with the remodeler and then being prepared to finance the individual home buyers as well?

Thanks!

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