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All Forum Posts by: Mike Bartell

Mike Bartell has started 1 posts and replied 2 times.

Post: Flexible financing options?

Mike BartellPosted
  • Posts 2
  • Votes 1

Thanks for the replies everyone. Will definitely look further into home style and choice reno limited. Do these products allow you to purchase materials or do they require contractors? Also will they purchase big ticket items such as furnace/ac/water heater if the applicant is licensed to purchase and install these items? 

Post: Flexible financing options?

Mike BartellPosted
  • Posts 2
  • Votes 1

Hey everybody, I'm wondering if there is any conventional mortgages that will lend on a property that needs work? I'm able to do 20% down no problem but don't want to be under the pressure of a hard money loan and other similar products, I'm planning on doing the work myself and would probably use a line of credit for materials, and pay myself back with a refi after completion. Any advice on financing that would match what I'm looking for would be greatly appreciated.