Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Florida Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

129
Posts
38
Votes
Nick Macklin
  • Real Estate Agent
  • Oak Harbor, WA
38
Votes |
129
Posts

FL Lender Experienced in Delayed Financing

Nick Macklin
  • Real Estate Agent
  • Oak Harbor, WA
Posted

Good morning everyone!

Just wondering if anyone knows of a good FL lender that is experienced in delayed financing?  Most I have spoken too aren't familiar with it and I don't want to run into any issues down the line right before closing.  Any recommendations would be greatly appreciated!

  • Nick Macklin
  • Most Popular Reply

    User Stats

    3,451
    Posts
    1,419
    Votes
    Jerry Padilla
    • Lender
    • Rochester, NY
    1,419
    Votes |
    3,451
    Posts
    Jerry Padilla
    • Lender
    • Rochester, NY
    Replied

    @Nick Macklin

    I would’ve glad to answer any questions you have on delayed financing. It is a great option when you pay cash for the property.

    If you include on your closing statements (which vary state to state - HUD-1/ALTA statement ) the renovation costs - and have them charged at closing...... This renovation cost now becomes an initial closing cost and can be included with the max that you are able to pull out prior to 6 months.

    business profile image
    PrimeLending
    4.8 stars
    574 Reviews

    Loading replies...