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Matt Strehl
  • Rental Property Investor
  • New York, NY
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Minnesota (or National) Construction Lender

Matt Strehl
  • Rental Property Investor
  • New York, NY
Posted Apr 13 2017, 01:37

Hi,

I am new to BP so please forgive me if this question has been asked.  I spent considerable time searching the forum before creating this post, though.

Can anyone recommend a commercial lender who will do a construction or construction-to-perm loan in Minnesota?  I would prefer 85%-90% LTC but it that LTC might not be absolutely necessary.  A lender who will do this nationally, including Minnesota, would be even better.  This is for the purchase of a four unit that will be converted into a five unit.

I do not think this falls cleanly into the crowd-sourcing category since there are multiple types of lenders who might offer this...

Thank you very much in advance!

Matt

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