I am closing on a house in Long Island, Nassau County, NY that needs significant work. Can anyone provide any advice on obtaining a construction loan from a lender?
Does anyone have any recommendations for lenders?
Thanks, any help would be greatly appreciated!
Did you pay cash for the property and are you looking to fund construction only?
Are you demolishing the property entirely and doing need construction or adding/renovating the existing home, even if it needs significant work?