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Land & New Construction
HomeForumsLand & New ConstructionDo I need and can I get a construction loan?
Jeremy Karja's profile image
Jeremy Karja's profile image
Jeremy Karja
  • Rental Property Investor
  • from Elk River, MN
  • Member since Oct 19, 2016
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Jeremy Karja's profile image
Jeremy Karja's profile image
Jeremy Karja
  • Rental Property Investor
  • from Elk River, MN
  • Member since Oct 19, 2016
Connect
Jeremy Karja
  • Rental Property Investor
  • Elk River, MN
10
Votes |
102
Posts
Land & New Construction

Do I need and can I get a construction loan?

Jeremy Karja
  • Rental Property Investor
  • Elk River, MN
Posted Jan 17 2018, 17:11

I am putting in a PA for my first flip and using personal finacing and hard money to get it done.  My question is with  hard money being so expensive should I be looking for a bank for a construction loan for the 50k rehab?  If I have really good credit and pretty good available credit to used credit, will I qualify?

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