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Updated about 3 years ago on . Most recent reply

User Stats

84
Posts
41
Votes
Garreton Smith
  • Flipper/Rehabber
  • Bronx, NY
41
Votes |
84
Posts

Major unexpected repairs with current project

Garreton Smith
  • Flipper/Rehabber
  • Bronx, NY
Posted

Hey BP Fam, 

Currently in a really tight situation with one of my projects and could use some advice. One of my projects that was supposed to be a gut cosmetic job has turned into a foundation nightmare. I need extra funds to get this property to the finish line I've been delayed long enough. The lender refuses to lend additional, saying it's not in their practice to reopen a loan. Any tips on how I can get this done has anyone been in this situation? Personal funds aren't an option because the amount is significant. Looking forward to any advice or recommendations. Thanks

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