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Alex Clifton's profile image
Alex Clifton's profile image
Alex Clifton
Pro Member
  • Investor
  • from Benton, AR
  • Member since Jul 7, 2015
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Alex Clifton's profile image
Alex Clifton's profile image
Alex Clifton
Pro Member
  • Investor
  • from Benton, AR
  • Member since Jul 7, 2015
Connect
Alex Clifton
Pro Member
  • Investor
  • Benton, AR
8
Votes |
24
Posts
Classifieds

Construction Loan Lenders

Alex Clifton
Pro Member
  • Investor
  • Benton, AR
Posted Jan 6 2021, 18:49

We are looking to purchase a foreclosed home that needs renovations to use as a primary residence. What lenders on BiggerPockets can do a one-time close construction loan?

We are already working with two lenders but, would like to shop around on closing costs and to see if another lender has a better loan program.

Details:Purchase Price is 283k, rehab is 45k, ARV is 385k on the low side.

Property located in Arkansas

Credit Score 740+

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